Mohamed Farag

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Latest by Mohamed Farag

NREA pays EGP 180m of debt to NIB

The New and Renewable Energy Authority (NREA) paid EGP 180m of its EGP 3bn debt to the National Investment Bank. Mohamed El-Khayat, head of the NREA, told Daily News Egypt that debts have been accumulating since 2007 and repayment was agreed to be rescheduled over 10 years starting this year. The NREA has thus paid …

Mohamed Farag

$3.5m grant from Global Environment Facility to fund small solar energy projects

Hend Farrouh, the manager of Small Solar Energy Projects Systems, said that a project related to the solar energy systems connected to the grid is currently under implementation, in order to support the use of solar cells smaller than 500 kW, especially decentralised generation plants installed on roofs of residential, public, and commercial buildings, as …

Mohamed Farag