Latest Energy News
Operating profit rises at RWE, so does net borrowing
German energy giant RWE has posted better-than-expected earnings for the first quarter…
87 investment alliances ready to operate in renewable energy
Egypt is an ideal model for attracting companies operating in the solar…
Government presents plans to create competitive investment in Egypt’s electricity market
Smart meters reduced water consumption by 40% and electricity consumption by 26%…
After long delay, Egypt plans to gradually increase electricity prices over five-year period, Mashaly
The cost of production for one kilowatt-hour is currently EGP.79 while the…
Kaco New Energy targets investments of $ 500m in Egyptian market during 4 years
Kaco has partnerships with Italian and Chinese companies, in addition to Orascom…
Egypt has 16th largest gas reserves: Edison chief executive
Egypt has the potential to become a regional center in the Mediterranean…
Scatec Solar pumps investments worth $650m into 5 solar energy projects: CEO
Negotiations with seven international banks to finance 70% of the project, most…
As linking projects stall, energy companies see production rates fall
Egypt’s average production of natural gas declined to 3.8bn cubic feet per…
NREA targets projects worth 12bn euros over 7 years: El-Sobky
NREA will put to tender new solar plants and wind farms with…
Saudi company Acwa Power to invest $12bn in the Egyptian market over five years
Acwa will not negotiate MoU until projects are decided upon