PM witnesses signing of $650M solar power project agreements

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Egypt's prime minister attended the signing of initial financing agreements for the Dandara solar project in Nag Hammadi, Qena Governorate. The planned 1,000-megawatt facility includes 200 megawatt-hours of battery storage and an estimated $650 million in investment, with Norwegian developer Scatec among the parties.

Prime Minister Mostafa Madbouly attended on Monday evening the signing of an initial financing agreement for the Dandara solar power project in Nag Hammadi, Qena Governorate, with a capacity of 1,000 megawatts and 200 megawatt-hours of battery storage, and total investments of around $650 million. The agreement was signed by Norwegian company Scatec, the European … The post PM witnesses signing of $650M solar power project agreements appeared first on Egypt Independent.

Markets Deals Energy solar power Dandara project Egypt Scatec battery storage project financing renewable energy

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