IFC ANNOUNCED PLANS FOR US$653M SOLAR PROJECT IN EGYPT

IFC ANNOUNCED PLANS FOR US$653M  SOLAR PROJECT IN EGYPT

International Finance Corporation partners with nine international banks to build Benban solar park which will be the largest solar park in the world. International Finance Corporation (IFC) which is a member of the World bank has announced plans to construct 13 solar power plant in Aswan, Egypt. The project which is expected to have 13 solar plant will be the largest solar park in the world after its completion. The fund was raised by IFC in collaboration…

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ACCIONA ENERGIA TO BUILT NEW POWER PLANT IN EGYPT

ACCIONA ENERGIA TO BUILT NEW POWER PLANT IN EGYPT

Acciona energia partner with swicorp to build three identical 50 MW plant in Egypt. Acciona energia which is a Spanish based company that develops renewable energy projects is to build a three identical photovoltaic plants in Egypt. The company is expected to partner with Saudi Arabia’s Swicorp in a US $180m project that is expected to have a total rated capacity of 150 megawatt. The project was signed in the present of Egyptian Prime Minister, Sherif Ismail, and the Ministers…

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