The European Bank for Reconstruction and Development (EBRD) is providing a US$28.5 million loan for a 50MW solar project in Egypt’s Aswan Province, which is being constructed by Saudi-based firm Alfanar Energy.
Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.
