Search & Archive

Local authority signals faster permitting for tourism-sector solar retrofits

Verbal indication from a site meeting; requires documentary confirmation.

Bank research revises the EGP year-end forecast on stronger portfolio inflows

Revised forecast implies a firmer EGP than the group's current planning assumption.

EgyptERA issues decision 118/2026 raising the private-to-private wheeling cap to 40 MW per licence

جهاز تنظيم الكهرباء يصدر القرار ١١٨/٢٠٢٦ برفع سقف نقل الطاقة بين القطاع الخاص إلى ٤٠ ميجاوات لكل رخصة

The regulator lifted the per-licence wheeling ceiling from 25 MW to 40 MW and shortened the grid-connection study window to 45 days for projects under 50 MW.

رفع الجهاز الحد الأقصى لنقل الطاقة من ٢٥ إلى ٤٠ ميجاوات وخفّض مدة دراسة الربط الشبكي إلى ٤٥ يومًا للمشروعات أقل من ٥٠ ميجاوات.

Competitor consortium signs MoU for a 150,000 m³/day solar-powered desalination cluster on the Red Sea coast

A Gulf-backed consortium announced an MoU with a governorate authority covering four desalination sites, with financial close targeted for Q1 2027.

Aluminium closes 3.8% higher on the week as alumina supply disruption persists

Sustained alumina refinery outages have pushed aluminium to a nine-month high, lifting mounting-structure and cabling input costs.

Draft grid-code amendment would add storage-collocation requirements above 20 MW

A draft amendment circulating for consultation would require storage collocation for new plants above 20 MW.

Fuel pricing committee signals a further diesel adjustment at the October review

لجنة تسعير الوقود تشير إلى تعديل جديد في سعر السولار في مراجعة أكتوبر

Officials indicated diesel remains below cost recovery, pointing to another upward adjustment at the quarterly review.

ECB holds the deposit rate, guiding to a single cut before year end

The hold was expected; guidance points to one further cut, keeping EUR-denominated DFI pricing broadly stable.

Leading manufacturer begins volume shipment of 24.8%-efficiency modules

Higher-efficiency modules reduce land and BoS requirements for constrained sites.

Two hyperscalers shortlist North African landing sites for renewable-powered AI capacity

Site selection criteria emphasise 24/7 renewable matching and subsea cable proximity — both relevant to Karm Data Centres' positioning.

New Valley governorate opens a land-allocation round for agri-industrial investors

محافظة الوادي الجديد تفتح دورة تخصيص أراضٍ للمستثمرين الزراعيين والصناعيين

Allocations require a demonstrated water and power plan at application stage — a natural fit for a joint Karm Solar and Karm Water offer.

Competitor opens six senior EV-infrastructure roles in Cairo

Hiring pattern suggests a charging-network build-out ahead of a formal market announcement.

Regional developer closes USD 180m green facility for an Egyptian C&I portfolio

A competitor secured DFI-backed financing for a 250 MW distributed portfolio, increasing pricing pressure in C&I.

Cyprus advances the Eastern Mediterranean interconnector environmental permitting

Permitting progress improves the long-term export case for Egyptian renewable generation into EU markets.

Customs clearance times at the main port improve to a four-day average

Clearance improvements reduce inventory buffer requirements.

Unattributed claim of an imminent regional energy agreement

No corroborating source located; rejected at editorial review.

UK export finance widens eligibility for renewable projects in African markets

Revised eligibility could support UK-content equipment procurement for Egyptian projects.

Container rates on Asia–East Med routes rise 11% as routing disruption continues

Longer routings are adding two to three weeks to module and equipment deliveries and lifting landed cost.

Central Bank cuts the overnight deposit rate by 100 bps

البنك المركزي المصري يخفض سعر عائد الإيداع لليلة واحدة بمقدار ١٠٠ نقطة أساس

The MPC cut by 100 bps citing continued disinflation, reducing local-currency financing costs across the group.

Tunisia is reported to be preparing a 500 MW renewable tender round

Unconfirmed reports of a new round; no official tender documents have been published.