Mazghouny & Co advises Engazaat on its latest digital solar energy solution with Aswaaq Misr
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 juwi on the construction of world’s largest solar hybrid project at an off-grid gold mine in Egypt
Mazghouny & Co has advised the South-African subsidiary of German renewable energy specialist juwi AG, on the agreement signed with Sukari Gold Mine to design, supply, build and integrate a solar battery hybrid power plant for Egypt’s largest gold mine, which is owned and operated by Centamin plc in partnership with the Egyptian Government. The […]
Mazghouny & Co advises impact investment company Empower New Energy on its first solar power project completed in Egypt
Empower New Energy‘s first solar power project in Egypt has been commissioned earlier this month and is generating electricity for one of the country’s leading aluminium manufacturers. The 495kWp rooftop solar power plant has been financed by Empower and developed in partnership with Gree Solar. The project is expected to generate 859,658kWh per year, and […]
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
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 […]