Norway’s Scatec to invest $5bn in Egypt green energy over next two years

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Norway's renewable energy company Scatec plans to invest $5 billion in Egypt over the next two years. The investments will focus on green energy sectors including water desalination powered by renewables, green data centers, solar, wind power projects, energy storage systems, and related infrastructure.

Norway’s Scatec plans to inject up to $5bn in new investments into Egypt over the next two years, company officials announced. The new investment plan will target strategic sectors, including water desalination powered by renewable energy, green data centres, solar and wind power projects, energy storage systems, and infrastructure supporting the green transition. The announcement […] The post Norway’s Scatec to invest $5bn in Egypt green energy over next two years first appeared on Dailynewsegypt.