EDF Renewables invests to acquire undisclosed share in local firm managing 170MW portfolio of solar projects in operations, under construction and advanced development.
The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.
Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.
German renewables firm ib vogt has started constructing a 166.5MW portfolio of solar projects in the Benban Solar Park, which were awarded under the second round of Egypt’s Feed-in Tariff (FiT) programme.