Egypt to invest $6.5 million to solar energy projects
Energy

Egypt to invest $6.5 million to solar energy projects

Thu, 2017-02-09 09:14

Project to be established within five years; ministry cooperates with UNIDO.

Minister of Industry and Trade Tarek Kabil announced that the ministry will establish a new solar energy project for industrial purposes within the next five years, adding that the ministry is cooperating with the United Nations Industrial Development Organization (UNIDO) and New and Renewable Energy Authority.

The cost of the project will reach around $6.5m, financed by the Global Environment Facility, in order to provide energy for the food, textile, and chemical industries, as they are the most consuming industries.

The minister added in a statement issued on Saturday that the Ministry of Environment is setting the standard and requirements for factories in order to benefit from the projects.

According to the statement, the minister held a meeting on Friday with UNIDO representatives to discuss the project’s roadmap and to use solar energy for industries that depend on heat energy, which the ministry is willing to start establishing during the current year.

Read the full article by Hisham Salah via Daily News Egypt.

[Photo by Green Prophet | Flickr]

renewable energy solar egypt
Egypt to invest $6.5 million to solar energy projects
  • Have your say here!Leave your comments, ask your questions and share your ideasIf you have already registered in our website,
    Log in and you are ready for leaving your message    If you haven't already registered in our website,
    please create a new account by clicking Register

Good practices and European projects map

@AgoraMedSpring

Good practices and European projects map

About the author

Medspring Agora team's picture

The Euro-Mediterranean AGORA is a way to engage the civil society in the institutional and policy dialogue on research and innovation with the aim of becoming an integral part of the decision making and governance processes.

The Agora is an important component of the broader MEDSPRING project, supported by the European Union with the aim of strengthening the Euro-Mediterranean dialogue and cooperation on research and innovation.

Copyright

Licence

Also on MedSpring

The colossal African solar farm that could power Europe

The colossal African solar farm that could power Europe
BBC Future visited a vast power plant at the door to the Moroccan desert that is helping to define the energy future of the world...

Blue economy in the Mediterranean

Blue economy in the Mediterranean
A report by Union for the Mediterranean - with the financial support of the Swedish International Development Cooperation Agency...

Land is the new resource that speculators have set their eyes on

After water and petroleum, land is the new resource that speculators have set their eyes on. The growing prevalence of “land...

Tag cloud

agriculture Algeria biodiversity brokerage climate change cooperation COP22 desalination Drought egypt EMEG energy Energy efficiency environment euromed family farming food food security greece Hackathon infographic innovation interview Irrigation jordan Lebanon livestreaming Malta Mediterranean MENA migration morocco nexus nile olive Organic farming palestine permaculture renewable energy renewables report research small farmers smart agriculture soil solar solar energy spain sustainability Syria training tunisia waste water water water management water scarcity water security Wind wind energy women
More