Mazghouny & Co advises Engazaat on its 20MW+ solar power agreement with Majid Al Futtaim Properties to power retail assets in Egypt and Lebanon over 25 years

MAFP Engazaat PPA signing for solar power to Egypt and Lebanon malls

Mazghouny & Co has advised award-winning Egyptian solar water company Engazaat on its solar power agreement concluded with Majid Al Futtaim Properties, the leading shopping malls, communities, retail, and leisure pioneer, to provide 20MW+ of solar power capacity in 4 MAFP retail assets in Egypt and Lebanon. This is considered as the largest solar project in […]

Mazghouny & Co advises Scatec on its cooperation agreement with EEHC for the development of Egypt’s largest hybrid solar and battery storage project

Scatec signs PV+BESS cooperation agreement with EEHC at COP28

Mazghouny & Co has advised Scatec on its early-stage cooperation agreement with the Egyptian Electricity Holding Company (EEHC), signed on 02 December 2023, at COP28, for a 1GW solar and 200 MWh battery storage project. A solar PV and battery storage plant combines two renewable technologies, addressing intermittency challenges, enhancing grid stability, and providing reliable […]

Mazghouny & Co advises Engazaat on its latest digital solar energy solution with Aswaaq Misr

Engazaat Agri-Misr Chint solar pv panels

Mazghouny & Co has advised Egyptian-based venture Engazaat, the first integrated independent power and water producer in the country and award-winner among the first cohort of the National Initiative for Smart Green Projects, on their agreement with Aswaaq Misr for the sale of agricultural products on www.agrimisr.com, the first integrated digital agricultural platform in Egypt, […]

New rules issued by EgyptERA for self-consumption solar PV plants

In addition to allowing mobile telecommunications companies to source part or all of their power consumption from renewable power plants owned by the New and Renewable Energy Authority (NREA) by Circular no. 2/2023, the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) issued new rules in relation to self-consumption solar photovoltaic plants, by Circular […]

Mazghouny & Co advises 32 Benban developers on the settlement of the EGP 1.6 billion CSA cost overrun claim of the Egyptian Electricity Transmission Company

Mazghouny & Co has assisted 32 solar power developers in Benban in connection with the settlement of the cost sharing agreement cost overrun dispute which had arisen with the Egyptian Electricity Transmission Company (EETC) over a year ago regarding the shared interconnection works in the site. Mazghouny & Co has drafted the settlement agreement and […]

What [near] future for small-scale solar energy generation project in Egypt? The net-metering case

rooftop solar PV

On 28 April 2020, the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) issued Circular no. 2/2020, published on 19 May 2020 and applicable as of 20 May 2020, restructuring the net-metering scheme in Egypt (accessible here: http://egyptera.org/ar/Download/journal/2020/2_2020.pdf). The new decision cancels any previous circulars applicable to solar energy generation projects operating on a […]