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AfDB considers financing three solar energy projects in Egypt for $60m

The African Development Bank (AfDB) is considering financing three projects within the feed-in tariff programme in Benban, Aswan for $60m. A source at AfDB told Daily News Egypt that the bank has allocated $18m and $20m worth of finances for each project in the electricity production plant that depends on solar power. The source said …

El Husseiny Hassan

Cheapest power in 2030: solar PV

Bloomberg New Energy Finance (BNEF) projects that in most countries, solar PV will be the cheapest form of new electricity generating capacity by 2030. It predicts several major shifts in power markets.

Deutsche Welle

Solar electricity: Contributing to grid stability

By Ahmed S. Nada, First Solar Governments, utility companies and private enterprises around the world have rapidly been embracing the potential to tap into our most abundant energy resource – the sun – and for good reason: the amount of sunlight that reaches the Earth’s surface every six minutes is sufficient to produce more electricity …

Daily News Egypt