New and Renewable Energy Authority (NREA)

Company description

New and Renewable Energy Authority is the government institution which is responsible for the promotion and development of renewable energy projects which include solar and wind energy in Egypt. The main role of the authority is providing research and development for new and renewable energy projects. 

 

Company details

City:
Cairo
Address:
Ø´ Dr Ibrahim Abou El-Naga, Al Hadiqah Ad Dawleyah, Nasr City, Cairo Governorate 4441310, Egypt

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • July 19, 2023

    ACWA Power, NREA sign MoU for 10 GW wind project in west of Sohag

    ACWA Power has signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) of Egypt for a 10 GW wind project. The MoU sets the stage for the development of a large-sc...

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  • December 01, 2022

    AMEA Power closes US$1.1bn financing for 1 GW of Egyptian wind and solar projects

    AMEA Power has achieved the financial close to delivering 1 GW of renewable energy projects in Egypt. The company's clean energy portfolio in the country now totals 2 GW after investing US$1.1 billion...

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  • November 22, 2022

    Framework Agreement signed for 3.6 GW Hydrogen project in Egypt

    Globeleq has signed a Framework Agreement to develop a large-scale green hydrogen facility within the Suez Canal Economic Zone, Egypt.  

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  • August 03, 2022

    NREA to start construction of 20 MW PV solar plant in Hurghada

    The New and Renewable Energy Authority (NREA) of Egypt has established end-2022 as the target date for the construction of a 20 MW solar photovoltaic (PV) power plant near Hurghada on the Red Sea coas...

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  • May 12, 2022

    Masdar, Hassan Allam Utilities plan to develop 4 GW green hydrogen hubs on the Red Sea and the Mediterranean coasts

    Masdar and Hassan Allam Utilities have signed two memorandums of understanding (MoUs) to collaborate on the development of green hydrogen production plants in the Suez Canal Economic Zone (SCZone) and...

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  • April 08, 2021

    ACWA Power signs PPA for 200 MW Solar project in Egypt

    ACWA Power has finalised the project agreements for the 200MW Kom Ombo PV plant in Egypt.

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  • February 26, 2020

    Lekela starts the construction of the 250 MW West Bakr wind project in Gulf of Suez

    Lekela has started the construction of its 250 MW West Bakr wind farm located 30 kilometers north-west of Ras Ghareb, Egypt. The West Bakr Wind project is a part of the Government’s Build,...

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  • October 21, 2019

    Siemens to provide turbines for 250MW wind project in Egypt

    Siemens Gamesa will install 96 SG 2.6-114 turbines for the 250 MW West Bakr Wind project which is owned by Lekela through a turnkey EPC contract and will provide long term maintenance through a 15-yea...

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  • September 05, 2017

    Egypt launches tenders for 250 MW solar park in Gulf of Suez

    Egypt's New and Renewable Energy Authority (NREA) has launched a tender for the development of a 250MW solar plant in the Gulf of Suez.

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  • March 30, 2017

    Egypt gets EIB loan for Gulf of Suez wind project

    The EIB and the Arab Republic of Egypt signed a loan agreement of €115 million (US$124 million) for financing a windfarm in the Gulf of Suez to further expand energy generation fro...

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