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25 companies close to complete financial closure of solar energy projects

Mohamed El-Khayat, Chairman of the New and Renewable Energy Authority (NREA), said that 25 companies are close to complete the financial closure of solar energy projects in the second phase of the feed-in tariff system. He told Daily News Egypt that the indicators of the projects look very promising, where 22 companies signed the land …

Mohamed Farag

20% target of renewable energy sources remains following flotation: NREA head

The target for 20% of Egypt’s power requirements to be generated from renewable sources will remain unchanged following the flotation of the Egyptian pound, according to Mohamed El-Sobky, head of the New and Renewable Energy Authority (NREA). El-Sobky hopes the flotation will not affect investors’ desire to invest in Egypt. He added that the new …

Hisham Salah

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