
A flailing Egypt still aims for 20 percent renewables by 2020.
Egypt’s Supreme Council of Energy last week pushed forward a new round of concessions aimed at boosting investment in renewable and clean energy in the country. According to the Council, it said it would exempt parts and components used in the production of electricity from customs and tax if they were to be implemented in either solar or wind power operations.
The move is a positive for Egypt’s renewable energy sector, which has largely been quiet since January 2011, when an uprising ousted the former regime from power. Since then, the economic woes in the country have seen numerous projects scrapped, but the Council believes that the new measures will entice investors to go green with their energy needs.
Dubai puts itself on the ‘I’m-too-ridiculous-to-be-true’ map again. This time by planning to build a replica of the Taj Mahal and naming it ‘Taj Arabia’






