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Energy news

Engie will expand its 500 MW Red Sea wind project in Egypt to 650 MW

At the end of 2023, wind represented about 3% of Egypt’s installed capacity with 1.6 GW and 2.8% of its power generation with 6.7 TWh.

CBE reports $2.2 Billion growth in gold reserves in 2024

By December 2024, these reserves reached $47.109 billion, a significant rise from $35.220 billion in December 2023.

Egypt Invests LE 7 Billion in Renewable Energy Transmission Projects

These projects will involve the construction of transformer stations to transfer energy generated by solar and wind power plants to transmission lines

Petroshahd Plans $31M in Investments in 2025/26

The plan aims to increase the company’s daily production rate, which currently stands at about 10,500 barrels per day (b/d) of crude oil.

Egypt to offer new mining sites to investors

In a weekend report, the Arabic language daily Alahram said the strategy also aims to boost mineral production and exports to stimulate the economy.

Energy Events

EGYPES 17.02.2025

HVAC-R Egypt 05.05.2025

Intersolar Europe 06.05.2025

Watrex 12.05.2025

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