Enterprise News MENA
Gama Construction to join four state-owned Egyptian firms to launch USD 600 mn ethane gas import company. Power cuts and gas shortages compound Egypt''s industry woes. China''s Befar to set up USD 250 mn first phase of integrated chemicals project. FDI inflows into Egypt down 13.7% in 2023, Unctad report shows.
Driving Energy Transition, Security, and Decarbonisation: Egypt
As the cornerstone for global energy dialogue for Africa and the Mediterranean, EGYPES 2024 is set to open its doors from 19–21 February 2024 in Cairo,
Eos customer takes zinc battery storage order to 1GWh
Duke Energy, the North Carolina-headquartered major US utility company, has trialled Eos battery system in the past. Image: Duke Energy. Update 7 July 2022: In response to enquiries from Energy-Storage.news, an Eos Energy Enterprises spokesperson confirmed after initial publication of this story that the additional orders
Scatec, EEHC to build Egypt''s first solar and battery storage project
CAIRO - 3 December 2023: Norway''s Scatec and the Egyptian Electricity Holding Company (EEHC) have signed a cooperation agreement for the first a solar and battery
Chinese company to develop 10 GW of solar in Egypt
China Electric Power Equipment and Technology Co. has signed a memorandum of understanding (MOU) with the Egyptian government to develop a 10 GW solar energy project, according to the Egyptian
Congratulations! EVE Energy was honored as one of the "The World''s Enterprises
EVE Energy, a leading lithium-ion battery manufacturer and energy storage solutions provider, was on hand to demonstrate the company''s industry expertise at the 2023 World Power Battery Conference
World Energy Storage Day (WESD)
Congratulations ! to the incredible winners of Global Start-up Showcase 3.0 for their exceptional Navigating the Energy Storage Landscape with Siemens! During presentation at # WESD2023
Egyptian solar set to expand beyond the massive 1.8 GW Benban
The biggest chunk of Egyptian solar capacity is provided by the Benban project, which lies 50 km from Aswan and is one of the world''s biggest PV sites. Official figures on its capacity vary from
ABSEN ENERGY
Congratulations! At the 11th "Solar Energy Cup" Energy Storage Industry Awards Ceremony in 2023, Absen Energy won the 2023 Most Influential Brand Award in China''s Energy Storage Industry for its
ECACTUS on LinkedIn: Congratulations! WEIHENG Energy Storage
8mo Edited. 🏆 Celebrating WEIHENG Energy Storage ''s Achievement: BEST COMMERCIAL & INDUSTRIAL ENERGY STORAGE SYSTEM SOLUTIONS PROVIDER! We provide a variety of industrial and commercial #
World''s first LOHC-powered tower to be built in Cairo
Magnom Properties has announced that the futuristic ''Forbes International Tower'' will be the first-of-its-kind project in the world to run entirely on the Liquid Organic Hydrogen Carrier (LOHC) system. The LOHC technology pioneers new levels of sustainable power within a structure and enables hydrogen to be stored, transported and released in
{Congratulations to Elecod for becoming a member unit of the Energy Storage
{Elecod is proud to announce that we have become a member unit of the Energy Storage Application Committee of the National Energy Internet Industry and Technology Innovation Alliance. This prestigious membership further solidifies our position as a leader in the energy storage industry. We are committed to driving innovation and advancing the
Congratulations to
Congratulations to E3/DC! - ees Award Finalist 2018 The DC-coupled Li-Ion storage system S10 Pro 912 for solar power storage with low voltage batteries
Impact of government subsidies on total factor productivity of energy storage enterprises
Based on panel data of Chinese 101 energy storage enterprises from 2007 to 2022, this paper examines the effectiveness of government subsidies in the energy storage industry from the perspective of total factor productivity (TFP). The
World Energy Storage 2023 Awards Winners
The Sustainable Energy Council (SEC) are pleased to announce the winners for the World Energy Storage 2023 Awards. The winners were announced on 9 May 2023 at a ceremony at the Rotterdam Ahoy, as part of the World Energy Storage 2023 Exhibition & Forum, organised by the Sustainable Energy Council co-located with World Hydrogen 2023
EGYPT: KarmSolar secures $2m for solar energy storage
Solar PV provider KarmSolar is securing $2 million in funding for electricity storage at the Cairo 3A poultry farm. The company already operates a solar PV plant
Egypes
Stand. As the epicentre for global energy dialogue in Africa and the Mediterranean, EGYPES (Egypt Energy Show) 2024 is an increasingly prominent event, not only thanks to Egypt''s strategic role, but also for the rich panel of technical conferences and in-depth discussions along with the exhibition, involving leaders, institutions, and
Egypt: KarmSolar secures US$2.4 million for solar-plus-storage
The financing comes as KarmSolar launches a phase 2 expansion of the solar microgrid solution at a poultry farm facility in Giza operated by Cairo 3A. The expansion includes the addition of a battery energy storage system and an expansion of the solar plant''s
Total Egypt, Ola Energy to construct petroleum storage facility in Alexandria | Enterprise
Total Egypt and Ola Energy have agreed to a joint venture that will see the two oil companies build a petroleum storage warehouse in Alexandria, Hapi Journal reports. The 23k sqm warehouse will be built in the El Max oil district in Alexandria and is expected to maintain a total holding capacity of 10k cbm upon completion in 2022.
How viable is battery storage as a solution to Egypt''s electricity oversupply problem?
Battery storage will be a necessary technology once renewable energy accounts for 40-50% of the energy mix, Zahran said, who said that it could be done in less than 10 years provided the government reforms the energy market. For now, battery storage could be a viable solution in remote locations that are costly to connect to the national grid
News Details
Today is the opening of the Solar Energy and direct storage Exhibition in the Middle East and North Affrica (MENA) 2024 for a couple of days from may 29 till 30
Egypt: $5 billion hydrogen project to include wind, solar power
China to build $5 billion hydrogen project in Egypt. China is to build a $5.1 billion hydrogen project in Egypt through its China Energy Engineering Corporation (CEEC), starting next May. The announcement was made earlier this month in a cabinet statement after a meeting attended by Egyptian Prime Minister Mostafa Madbouly in the presence
Xinyuan Listed in Two Rankings of Chinese Energy Storage Enterprises
Xinyuan Smart Energy Storage Co., Ltd. was listed in two rankings of Chinese energy storage companies for 2021. Xinyuan ranked third among China''s energy storage system integrators in terms of supplies in 2021. Xinyuan ranked fifth among China''s energy storage system integrators in terms of new installed capacity in 2021. CNESA has been
Egypt signs more green hydrogen agreements with seven companies | Enterprise
Demand is high for Egypt''s green energy hub projects: The new MoUs come after Egypt signed agreements with 16 other companies and consortiums to establish green hydrogen and green ammonia projects, including nine framework agreements for projects that would, if implemented, bring in USD 83 bn of investments.
EBRD to take EUR-60m stake in Egypt''s Infinity Energy
Author: S J Pinkney. The European Bank for Reconstruction and Development (EBRD) has agreed to invest EUR 60 million (USD 53.8m) in Egyptian energy company Infinity Energy SAE. The bank will become a shareholder by taking part in a share issuance, it announced on Wednesday. Thanks to the EBRD funds, Infinity Energy will
How viable is battery storage as a solution to Egypt''s electricity
Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country''s
Impact of government subsidies on total factor productivity of energy storage enterprises
Control variables. Drawing on related studies (Lin and Zhang, 2023; Cheng and Meng, 2023; Ren et al., 2023), the control variables are selected as follows: (1) Profitability (ROA), expressed as the net profit divided by the average total assets; (2) Cash, measured by the ratio of net cash flow to its operating income; (3) Tobin Q (TQ), the ratio
Egypt''s KarmSolar gets PPA battery storage system loan
Egypt''s KarmSolar secured a 10-year EGP 47 mn (USD 2.4 mn) loan for a financed solar power purchase agreement (PPA) battery storage system in Egypt from
Egypt expands cooperation with China and Germany on green hydrogen and renewables | Enterprise
Part of Energy China''s wider plans for Egypt and MENA: The company signed a framework agreement for its USD 6.75 bn green hydrogen plant that will span 500k square meters and generate 210k tons of green hydrogen annually. The green hydrogen will serve as feedstock to generate 1.2 mn tons of green ammonia per annum. Aside from
Impact of government subsidies on total factor productivity of energy storage enterprises
DOI: 10.1016/j.enpol.2024.114046 Corpus ID: 268009786 Impact of government subsidies on total factor productivity of energy storage enterprises under dual-carbon targets @article{Lin2024ImpactOG, title={Impact of government subsidies on total factor productivity
Battery Energy Storage System
As a low carbon alternative, Battery Energy Storage System (BESS) has been viewed as a viable option to replace traditional diesel-fuelled construction site equipment. You can
HPE opens sales centre of excellence in Egypt
Hewlett Packard Enterprise (HPE) has announced the opening of a new regional Sales Center of Excellence (CoE) in Cairo, Egypt, to serve the Middle East and Africa region. The sales hub will build on strong growth opportunities in the digital economy and will respond to customer. HPE will also launch an accompanying recruitment drive in
Congratulations! EVE Energy was honored as one of the "The World''s Enterprises
EVE Energy was honored as one of the "The World''s Enterprises of Outstanding Contribution to Industry Development". Jun 13,2023 EVE Energy, a leading lithium-ion battery manufacturer and energy storage solutions provider, was on hand to demonstrate the company''s industry expertise at the 2023 World Power Battery
Egypt''s Minister of Electricity and Renewable Energy Attends Country''s First Electricity Digitalization Convention
Egypt''s Electricity Digitalization Convention was held under the patronage of H.E. Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy. The convention, themed "Thrive with Digital, Accelerate Intelligence for Egypt Electricity," emphasized Huawei''s growing role as a digital transformation partner that brings more
Two Companies Partner to Deploy Solar Power Plant in Egypt
The aim of the partnership is to build a mini solar photovoltaic power plant that will power Cairo 3A Poultry, a poultry farm located near Cairo. Sungrow will provide
Eos Energy Enterprises and Tetra Technologies, Inc Agree to Long-Term Relationship for Eos'' Storage Technology | Eos Energy Enterprises
Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth® aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology.
Chinese company to develop 10 GW of solar in Egypt
A new agreement signed between the Chinese group and Egyptian government officials is part of the country''s Green Corridor Initiative that aims to increase
Egypt Office
If you would like more information about Arc Energy''s new or used processing equipment inventory, call 1-888-615-3558 or complete our online form. Welcome to our Fabrication Facility located in Cairo, Egypt. Our staff is committed to working with the highest levels
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