Renewables
The invitation was made by Foreign Minister Badr Abdelatty during a meeting with members of the Egypt-Japan Business Council in Tokyo on Thursday.
Egypt launches a landmark €7 billion deal for green hydrogen production in Ras Shuqair.
The price of a kilowatt/hour for the solar energy is now 2 cents, while the wind energy will charge 3 cents.
Total investment in Orascom’s Engie-Toyota Tsushois estimated at $400 million.
The new agreement is deemed the third deal under the GEFF, which is supported by a €23.3 million grant offered by the EU.
