PM witnesses signing of $650M solar power project agreements
Why This Matters
Key context: <p>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 …</p> <p>The post <a href="https://www.egyptindependent.com/pm-witnesses-signing-of-650m-solar-power-project-agreements/">PM witnesses signing of $650M solar power project agreements</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
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 … The post PM witnesses signing of $650M solar power project agreements appeared first on Egypt Independent.
Curation & Context
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