Solar Power Plants
The European Bank for Reconstruction and Development (EBRD) and France’s Proparco equally financed the two solar plants with an amount of $111 million.
"All energy is ultimately derived for the sun and harvesting it directly through solar power seems to be the best way to transition to renewable energy."
Final contracts for Hamrawein coal-fired power plant expected to be signed in September during President Abdel Fatah al-Sisi’s visit to Beijing, China.
International financial and energy analysts are praising Benban Power Plant.
Mohamed Shaker announced July 3 the establishment of a major power station in Moussa Water Spring (Ayoun Moussa) in Sinai.
Minister of Electricity Mohamed Shaker attended today the launch of Benban solar plant’s operation. The first of 32 stations in the world’s largest solar power station, Infinity station is the first station in the Benban solar park.
In less than 24 hours, the world will witness the inauguration of the first of 32 stations in the world’s largest solar power station in Egypt.
Benban solar park is set to be the largest solar plant in the world, edging Egypt forward on its path to becoming the region’s energy hub.
The Ministry of Military Production signed a contract on Wednesday with Germany's PSE company to carry out a technical and economic .