Egypt explores cooperation with Siemens on renewables
Egypt, Siemens could collaborate on renewables: Egypt’s Electricity and Renewable Energy Minister Mohamed Shaker met with Egypt Managing Director of Siemens Energy Layla El Hares to explore potential cooperation on green hydrogen and renewable energy generation capacities, according to a cabinet statement. Siemens Gamesa — a subsidiary of Siemens Energy — is a major player in Egypt’s wind energy sector, and is involved in the Ras Ghareb, West Bakr, and Gabal El Zeit projects in the Gulf of Suez.
Siemens has been making moves in MENA’s clean fuel market: Siemens energy partnered with Masdar, Marubeni, and TotalEnergies last month to obtain licenses certifying the feasibility of producing sustainable aviation fuel from methanol gas.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- Saudi’s Jameel Motors will now distribute MG Motor cars in Morocco including electric and plug-in hybrid models. (Zawya)
- The Tunisian Association of Energy, Water and Environment and the International Union for Conservation of Nature will fund a TND 97k oasis restoration project in Kebili, Tunis. The project will be implemented within 18 months. (Tunis Afrique Presse)
- Aramco has made a sustainability-focused investment of USD 300 mn in VC fund Wa’ed Ventures to increase ESG funding and has announced a strategic partnership to build Zoom’s first global data center in Saudi Arabia to explore innovative tech solutions and the digital transformation of the energy sector. (Statement)