The European Bank for Reconstruction and Development reports it is considering lending $54 million to Saudi energy giant ACWA for a 200 MW solar power plant it is building in the town Kom Ombo, in the Aswan governorate of southern Egypt.
The 200 MW plant will be located in a vacant arid land 60 km north of Aswan city, adjacent to a 26 MW PV plant developed by the New and Renewable Energy Authority (NREA) and also approximately 17 km north of the 1.8 GW Benban solar complex, where ACWA Power has already developed 120 MW of solar.
They will be built in Nabq, Ras Sidr, Abou Zanima, Dahab, Nuieba, Arish 1, Arish 2, Arish 3, Arish 4, Sheikh Zowayed 1, Sheikh Zowayed 2, Sidi Barani expansions, western Port Said, Dabaa, Marina 1, Marina 2, Marbella, and New Mansoura.
El Sisi recently met with Prime Minister Mostafa Madbouly, Minister of Housing, Utilities, and Urban Communities Assem el Gazzar, and Presidential Adviser for Urban Planning Amir Ahmed where he called for implementing and utilizing technology for water network stations.
The Nile dispute between Ethiopia and Egypt is more than a technical disagreement on when and how the reservoir of the Grand Ethiopian Renaissance Dam is filled or how the waters of the Nile are shared.
At the bottom, the dispute is driven by Egypt’s unyielding strategies desire to keep Ethiopia’s development in check to maintain the status quo regional balance of power in the Horn of the Africa and the Red Sea corridor.
In spite of nine years of negotiations since Ethiopia took advantage of the chaotic Arab Spring to begin construction of the $4.6 billion Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile the concerned parties — Cairo, Khartoum and Addis Ababa — are still far from reaching an agreement on various technical and legal issues.
The largest hydroelectric power plant on the continent of Africa is a source of national pride for Prime Minister Abiy Ahmad who hopes to strengthen his nation’s electricity grid and plans to export electricity to neighbouring countries.
Most of the bills concern mitigating the negative economic impact of the coronavirus pandemic on state coffers, as well as generating additional financial resources necessary to cut debts and plug the budget deficit.
The Egyptian Ministry of Housing’s Holding Company for Water and Wastewater (HCWW), New Urban Communities Authority (NUCA), and General Organization for Physical Planning announced a five-year plan between 2020 and 2025 for expanding in seawater desalination plants across the country as part of a plan for water conservation.
The most populous Arab nation aims to establish and develop 47 seawater desalination plants with a combined capacity of 2.44 million cubic metres per day (cmpd) at a total cost of EGP 45.18 billion, according to the plan reviewed by Mubasher.