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Norway’s Scatec starts work on $700m Egyptian wind farm
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Norway’s Scatec starts work on $700m Egyptian wind farm
Norwegian renewable energy provider Scatec has begun work on the 900MW Shadwan onshore wind project near Egypt’s Red Sea coast. Scatec secured a $150 million equity bridge loan from the Arab Energy Fund before construction began. Egypt plans to add 2.5GW of renewable energy capacity to its national grid to meet rising power demand and […]
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