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Desert Sun to power Upper Egypt with $2.8b solar park

New park should help Egypt scale back its use of hydrocarbons  The first solar power plant has been installed at a remote desert location in Egypt, aiming to generate 1.8 gigawatts from the country’s abundant sunshine, reducing their reliance on dirty and expensive fossil fuels. It’s the first of an expected 32 units anticipated to…

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Desert Sun to power Upper Egypt with $2.8b solar park

New park should help Egypt scale back its use of hydrocarbons 

The first solar power plant has been installed at a remote desert location in Egypt, aiming to generate 1.8 gigawatts from the country’s abundant sunshine, reducing their reliance on dirty and expensive fossil fuels. It’s the first of an expected 32 units anticipated to be completed next year at a total cost of $2.8 billion. With 90% of Egypt’s current energy coming from oil and natural gas, this move will likely cut their hydrocarbon levels and energy bills, and possibly return the country to its former trade of gas exports.

Read more at Gulf News

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Utilities set to invest $1.1 trillion in grid infrastructure as electrification accelerates

Utilities set to invest $1.1 trillion in grid infrastructure as electrification accelerates

U.S. utilities are planning to invest a substantial $1.1 trillion in grid infrastructure over the next five years, with $208 billion allocated for 2026 alone. This massive investment aims to support the ongoing trend of electrification, impacting both procurement and operational strategies within the energy sector. The long-term commitment signals a significant shift in how utilities will plan and execute their future operations.

  • 01U.S. utilities plan to invest $208 billion in grid infrastructure by 2026.
  • 02$1.1 trillion total investment planned over the next five years.
  • 03Investment will significantly impact procurement and operations planning in the energy sector.

Jul 15, 2026

Siemens Energy to rebrand as Omterra, uniting wind and grid businesses under one name

Siemens Energy to rebrand as Omterra, uniting wind and grid businesses under one name

Siemens Energy is rebranding its wind and grid operations under the new name Omterra to move towards full independence. This consolidation involves Siemens Gamesa and its grid operations. The rebranding signifies a strategic shift for Siemens Energy as it streamlines operations and enhances brand identity.

  • 01Siemens Energy is rebranding as Omterra.
  • 02The rebrand unites Siemens Gamesa and grid operations.
  • 03This move highlights Siemens Energy's push for independence.

Jul 14, 2026

Solar hit 8.7% of global power in 2025, but fossil fuels still grew alongside it

Solar hit 8.7% of global power in 2025, but fossil fuels still grew alongside it

The Energy Institute's 75th Statistical Review indicates that solar energy accounted for 8.7% of global power in 2025. However, despite this growth in renewables, global fossil fuel demand also increased. This simultaneous growth presents challenges for energy procurement strategies.

  • 01Solar power constituted 8.7% of global energy in 2025.
  • 02Despite renewable growth, fossil fuel demand also increased.
  • 03Energy procurement strategies face complexities due to dual growth.

Jul 14, 2026

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