EBRD extends $65m loan to HAU Energy for solar, storage project in Egypt
Source ↗
👁 0
💬 0
The European Bank for Reconstruction and Development (EBRD) is reinforcing Egypt’s green energy transition with a $65m construction bridging loan to Hassan Allam Utilities (HAU Energy) to develop a new renewable energy project in Benban Solar Park, near Aswan.
The financing will support the construction of a 200 MW solar photovoltaic (PV) plant alongside a 120 MWh battery energy storage system (BESS), marking a key step in expanding Egypt’s renewable energy capacity and accelerating its transiti
The financing will support the construction of a 200 MW solar photovoltaic (PV) plant alongside a 120 MWh battery energy storage system (BESS), marking a key step in expanding Egypt’s renewable energy capacity and accelerating its transiti
Comments (0)