EBRD provides loan for third 50MW solar plant in Egypt

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.

GE to develop 50MW PV project in Egypt

GE Power Conversion, a subsidiary of General Electric, has received a full turnkey contract from Fas Energy to develop a 50MW PV project for the Egyptian Electricity Transmission Company (EETC).