PV Magazine
PV Magazine

SPE Paper Examines Economics of Steam Generation for Thermal Enhanced Oil Recovery

Abu Dhabi November 24, 2014 GlassPoint Solar, the leader in solar enhanced oil recovery (EOR), recently released a new Society of Petroleum Engineers (SPE) paper entitled, “Economics of Steam Generation for Thermal EOR.” The SPE paper examines the economics of generating steam for thermal EOR using three methods deployed at oilfields in the Gulf region. Findings show under what conditions solar steam generators deliver the lowest-cost...

Read More

Renewable Energy Investment Opportunities in Middle East, Africa Focus at World Future Energy Summit 2015

Region’s largest renewable energy and sustainability event expected to welcome 32,000 delegates and 650 participating companies to Abu Dhabi Abu Dhabi-UAE: 24 November, 2014 – Unlocking the growing clean energy investment opportunities of the Middle East and Africa – two of the world’s most promising renewable energy markets – will be a key focus during the World Future Energy Summit (WFES), January 19-22, in Abu Dhabi. WFES unites the key...

Read More

Egypt opens bidding for PV projects up to 50MW

Egypt has invited “pre-qualification submissions” from independent power producers (IPPs) for solar projects of up to 50MW capacity, following the September announcement of the country’s first feed-in tariff (FiT) scheme. PV Tech has learned that the Egyptian Electric Holding Company (EEHC), part of the Ministry for Electricity and Energy, has set a deadline for midday on the 26 November for IPPs to submit their proposed projects. Although...

Read More

Ministry of Electricity to receive bids for construction of first solar power electrical plant

The Ministry of Electricity will on 20 October receive offers for a tender by the New and Renewable Energy Authority (NREA) to construct Egypt’s first solar operated electrical power plant. The project will be open to both foreign and local investors operating in the private sector, with construction taking place in the city of Kom Ombo in the southern Egyptian province of Aswan. The plant will operate on a build-own-operate (BOO) scheme and...

Read More

Who Cares About Oil? Egypt Has Its Sights on Renewable Energy

Despite its reputation for oil production, the Middle East is actually putting billions of dollars into solar energy production, arguably its most abundant resource. The latest company to throw its hat in the ring is Egypt, which is planning to auction 2 GW of solar and 2 GW or wind projects in an effort to build 30 GW of new energy capacity. Why Egypt wants to go renewable Egypt has been dealing with a dynamic that’s not uncommon in the...

Read More

At least 4 solar power stations to be established for government institutions to work with renewable energy – tenders out for 4 more

Amid Egypt’s energy crisis and worsening power outages, the government has indicated that new and renewable energy could be part of the solution. The Daily News Egypt conducted an interview with Wael El Nashar, board director and chairman of “Onera Systems”, a renewable energy company. The company intends to found a solar-cell factory in 6th of October City directly after the government’s announcement of a distinctive solar energy tariff. We...

Read More

Egypt Plans 2GW Auction Each For Wind & Solar Power Capacity

Egypt will soon kickstart its renewable energy auctions as it plans to achieve the target of getting 20% energy from renewable energy sources by 2020. Egypt is planning to auction 2 GW capacity each in wind and solar power capacity next month. The government is expecting an investment of about $7 million in the development of this capacity. In addition to renewable energy auctions, the government also plans to offer 4 GW of coal-fired power...

Read More

Egypt announces renewable energy feed-in tariffs

The Egyptian Ministry of Electricity and Energy has announced feed-in tariffs for electricity generated by solar and wind sources as part of the government’s efforts to increase the country’s energy capacity in the face of serious power shortages and recent power outages. Minister of Electricity and Energy Mohamed Shaker said in a press conference on Saturday that the purpose of the feed-in tariff was to encourage private investment in...

Read More

Luxor considers establishing EGP 22m plant to generate solar electricity: Governor

The governorate of Luxor is considering the establishment of a solar energy power plant with 2 MW capacity through EGP 22m in investments, with the goal of “beginning the shift” to clean energy throughout the 2014/2015 fiscal year, according to Governor Tarek SaadEddin. SaadEddin added that the governorate consumes 60 MW of electricity annually, and the project will represent the beginning of a transition to new and renewable energy. The...

Read More