The European Bank for Reconstruction and Development (EBRD) will provide a senior debt financing of up to $70 million for a renewable energy project in Egypt that includes a 200-megawatt (MV) solar plant and a 120-megawatt-hour battery energy storage system.
Updated 2m15h
Egypt has signed a letter of intent (LoI) to join the Battery Energy Storage Systems (BESS) Alliance affiliated to the Global Energy Alliance for People and Planet (GEAPP), Minister of International Cooperation Rania Al-Mashat stated.
Updated 12/4/2023 7:52:00 AM