EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

Egypt has taken a major step forward in its use of renewable energy sources with the support of the European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution that supports private sector development projects in emerging economies. The two institutions have together provided US 116 million of financing for the construction […]