Egypt’s Largest Private Solar Power Plant Receives $114 Million, Maximizing Clean Energy Potential ...Egypt

Egypt’s largest private solar plant, Kom Ombo has received $114 million financing package from the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank. The development agreement was witnessed by Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, and Minister of Local Development Major General Mahmoud Sharawi, at the Ministry of International Cooperation’s headquarters. The development of the Kom Ombo solar plant will add 200 MW of energy capacity, increasing the share of renewable energy in Egypt’s energy mix and further promoting pri

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