Egypt signs preliminary financing agreement on $650 million solar project in Upper Egypt
6 Articles
6 Articles
PM witnesses signing of $650M solar power project agreements
Prime Minister Mostafa Madbouly attended on Monday evening the signing of an initial financing agreement for the Dandara solar power project in Nag Hammadi, Qena Governorate, with a capacity of 1,000 megawatts and 200 megawatt-hours of battery storage, and total investments of around $650 million. The agreement was signed by Norwegian company Scatec, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD),…
Egypt signed a preliminary agreement to finance a $650 million solar energy project, while the European Investment Bank injected $37.5 million into a fund to support Egyptian small and medium-sized enterprises.
Egypt signs preliminary financing agreement on $650 million solar ...
PM witnesses signing of agreements for $650m Dandara solar project
Prime Minister Mostafa Madbouly witnessed the signing of three agreements related to the financing and implementation of the Dandara Solar Project in Nag Hammadi, Qena Governorate, with a total investment of approximately $650 million. The project will have a total capacity of 1,000 MW of solar power and 200 MWh of battery storage, and is […]
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