URGENT: US PPI declines by 0.2% in May    Egypt secures $130m in non-refundable USAID grants    HSBC named Egypt's Best Bank for Diversity, Inclusion by Euromoney    Singapore offers refiners carbon tax rebates for '24, '25    Egypt's CBE offers EGP 4b zero coupon t-bonds    G7 agrees on $50b Ukraine loan from frozen Russian assets    EU dairy faces China tariff threat    Over 12,000 Egyptian pilgrims receive medical care during Hajj: Health Ministry    Egypt's rise as global logistics hub takes centre stage at New Development Bank Seminar    Blinken addresses Hamas ceasefire counterproposal, future governance plans for Gaza    MSMEDA, EABA sign MoU to offer new marketing opportunities for Egyptian SMEs in Africa    Egypt's President Al-Sisi, Equatorial Guinea's Vice President discuss bilateral cooperation, regional Issues    Egypt's Higher Education Minister pledges deeper cooperation with BRICS at Kazan Summit    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Experts discuss Egypt's potential in wind energy sector
Published in Daily News Egypt on 03 - 11 - 2011

CAIRO: Egypt marked the end of the 10th World Energy Conference and Renewable Energy Exhibition on Wednesday, where more than 600 new and renewable energy experts along with heads of major international corporations, financial organizations, and development funds convened to discuss future prospects for Egypt's wind energy sector.
“This is a move that will deepen the Egyptian industries in various promising sectors,” said Galal Zorba, president of the Federation of Egyptian Industries and the President of the Euro-Mediterranean alliance.
“Egypt and other countries of North Africa will have the opportunity to produce green energy and export it to the European Union, this idea is also part of the solar energy plan of the Mediterranean Union.”
Zorba added that the conference included a specialized seminar on ways to finance and develop the new and renewable energy projects, organized by the Euro-Mediterranean “MedAlliance” and the Federation of Euro-Mediterranean “BusinessMed” with support from the European Union.
The discussions included Prime Minister Essam Sharaf, Arab League Secretary Nabil El-Araby, Minister of Electricity and Energy Hassan Younis, as well as several members of Egypt's interim government.
According to Galal Osman, head of the Egyptian Federation of Wind Energy, the conference brought together the latest technology experts to discuss more than 150 working papers on the topics of new and renewable energies.
Osman explained that this year's focus would be to take advantage of the vast deserts in the country in order to harvest energy that would turn these areas into green powerhouses.
In past years, the conference has been held in Germany, South Africa, China, Australia, India and Canada, Osman pointed out. This year however, officials sought to hold the conference in Egypt as a symbol of the immense opportunities that lie ahead for the country's renewable energy sector.
“Egypt has passed the stage of technology transfer to manufacture the components for wind farms, we've began manufacturing the turbines already and we will do likewise for solar applications,” said Mahmoud Issa, minister of industry and foreign trade, who was also at the conference.
Issa added the Ministry of Scientific Research would also be cooperating with international experts in order to create technologies suitable for local use as well as for exporting.
Faiza Aboul Naga, minister of planning and international cooperation, said that the ministry is currently seeking partnerships from banks and developments to help fund the process of establishing technologies that will allow Egypt to export green energy through the electrical linkage with the EU.


Clic here to read the story from its source.