Published 2 months ago

Masdar to invest $900m in solar projects in Egypt

Summary by AGBI

The UAE’s renewables energy major Masdar has received approval from the Egyptian government to invest more than $900 million to build solar power plants. These projects will have a combined capacity of 1,000 megawatts (MW) and will be located primarily in Upper Egypt, including the Aswan governorate, Egypt Today newspaper reported, citing a cabinet statement. The ministry of electricity and renewable energy has approved Masdar’s proposal to esta…

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Masdar to invest $900m in solar projects in Egypt

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