Egypt to increase its share of renewable energy to 22% in 2020
Minister Sahr Nasr & director of Scatec Solar company Morten Langsholdt
Cairo - Arab Today
International Cooperation Minister Sahr Nasr stressed on Monday that the country is moving on the right direction to achieve sustainable development as it set a goal to increase its share of renewable energy to 22% by 2020.
Nasr, during a meeting with country director of Scatec Solar company Morten Langsholdt, said the country is trying hard to diversify energy sources and to exploit its massive solar energy resources.
She added that providing an investment-magnet atmosphere and improving business climate are on the top of her ministry's priorities to achieve hoped-for growth rate.
She welcomed Norwegian investments in Egypt in the solar energy domain.
The Norwegian official said the company, in cooperation with a number of investors, the International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD), to pump three billion dollars in renewable energy investments in Egypt.
He noted that 40 solar stations of a 1,800 MW capacity will be set up in Banban area in Aswan and they will be operational in 2018.
Source: MENA
- Tuesday ,08 November GMT 22:27 2016 Int'l coop. min., Swiss amb. probe bolstering joint coop. in developmental domain
- Tuesday ,08 November GMT 05:16 2016 Int'l coop. min., Swedish amb. probe bolstering joint coop. in developmental domain
- Wednesday ,19 October GMT 20:06 2016 Int'l cooperation minister, UNFPA official discuss means to combat population growth
- Thursday ,06 October GMT 21:12 2016 Int'l Cooperation Minister , EAEF chairman probe increasing investments
GMT 22:27 2016 Tuesday ,08 November
Int'l coop. min., Swiss amb. probe bolstering joint coop. in developmental domainGMT 05:16 2016 Tuesday ,08 November
Int'l coop. min., Swedish amb. probe bolstering joint coop. in developmental domainGMT 20:06 2016 Wednesday ,19 October
Int'l cooperation minister, UNFPA official discuss means to combat population growthGMT 21:12 2016 Thursday ,06 October
Int'l Cooperation Minister , EAEF chairman probe increasing investmentsGMT 21:03 2016 Thursday ,06 October
Egypt, Japan probe funding Grand Egyptian MuseumRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 13:33 2018 Thursday ,13 December
Assad discusses Syrian constitutional committee with Russian delegation
GMT 15:58 2018 Tuesday ,04 December
Multimedia works vie for Britain's 2018 Turner Prize for art
GMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomat
GMT 13:27 2018 Monday ,17 September
Did Saddam kill the former Algerian foreign minister?
GMT 06:23 2019 Tuesday ,20 August
You find yourself facing new professional
GMT 13:11 2018 Sunday ,30 September
Egypt, Sudan FMs discuss bilateral ties, regional issues on the sidelines of the 73rd UN General Assembly
GMT 09:30 2017 Saturday ,04 November
If It's Your Birthday Today
GMT 19:41 2017 Tuesday ,18 July
Sisi calls for more efforts to complete SCzone infrastructure
GMT 13:02 2018 Tuesday ,04 December
French PM puts fuel tax hike on hold after protests
GMT 13:25 2018 Sunday ,11 November
Putin arrives at Arc de Triomphe in Paris for WWI Armistice ceremony
GMT 12:45 2018 Monday ,05 November
Egypt seeks to learn from China's expertise in sports economy, Olympics organization: minister
GMT 09:11 2016 Thursday ,07 April
Malaysia inquiry cites murky fund payments, urges probe
GMT 02:56 2016 Saturday ,19 November
As America shifts to SUVs, so does the Los Angeles Auto Show
GMT 11:01 2017 Wednesday ,06 September
Rogina describes her new film as “surprise”
GMT 09:26 2017 Friday ,03 November
Former Democratic chief: Clinton 'took control' of party
GMT 11:00 2017 Thursday ,05 January
Turkey detains business executives
GMT 11:46 2017 Sunday ,19 February
Layal Adnan confirms Yemeni legitimate government
GMT 08:52 2017 Sunday ,29 October
Truck bomb and gunmen kill at least 23 in hotel attack
GMT 11:46 2017 Friday ,10 November
Apple's $120 mn patent award from Samsung upheld
GMT 12:39 2016 Friday ,16 December
Nintendo shares dumped after Super Mario game release
GMT 14:24 2017 Thursday ,10 August
NRIAG urges Egyptians to follow up phenomenon of meteor fall
GMT 08:28 2017 Monday ,27 November
Ronaldo relieved as Madrid edge five-goal thriller
GMT 12:25 2018 Tuesday ,11 December
Settlers put up posters calling for targeting Palestinian president
GMT 13:20 2018 Wednesday ,31 October
Israeli settlers attack Palestinians near Ibrahimi Mosque
GMT 06:30 2018 Monday ,15 October
How is it possible not to ‘politicize’ the Syrian crisis?
GMT 07:41 2018 Thursday ,04 October
The Six: Designer hotels in the Gulf
GMT 05:01 2015 Wednesday ,08 July
India, Pakistan membership in SCO will be finalized in 2016
GMT 07:12 2018 Tuesday ,25 September
"Dodon" Constitution Court ruling on cabinet of ministers illegal
GMT 00:52 2016 Monday ,14 November
Syrian army destroys Jabhat al-Nusra fortifications, vehicles in Daraa
GMT 09:01 2015 Monday ,08 June
Putin to hold meetings over Pension Fund, Antimonopoly Service
GMT 17:11 2017 Monday ,17 April
Prince Harry almost had nervous breakdown after death of Princess Diana
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor