A $190m solar project is nearing completion in Egypt as the country aims to generate a fifth of its energy from renewables by 2022.
Three solar plants are being built in the Aswan region by a partnership involving Enara Bahrain, the renewable energy investment platform of Saudi’s private equity company Swicorp, and renewable energy provider ACCIONA Energia. Each company will own a 50% stake in the facilities, which are scheduled to start commercial service within the week.
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