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Egypt to Build The World's Biggest Solar Farm

With a EUR 2 billion investment and in collaboration with the World Bank.

During the Africa 2017 Forum taking place in Sharm El Sheikh, it was announced that the World Bank is currently collaborating with the Egyptian government to kick-start construction on the world's biggest solar farm in Egypt with a EUR two billion investment, Masrawy reports.

"Egypt is becoming more attractive to foreign investors as a result of the government's successful economic policies," says the World Bank's CEO Kristalina Georgievaadding that Egypt's recently-acquired USD 1 billion World Bank loan signals great growth opportunities for Egyptians, according to Al Sharq Al Awsat. 

The news comes in line with the government's plans to lessen the country's reliance on fuel and gas by supplying 20 percent of the country's energy needs from renewable sources by 2022.

Photo: Agua Caliente Solar Project.


Todays Events
Salah Ragab Tribute @ CJC
Bars
Date: 2/24/2019
Time: 10:30pm - 3:00am
Venue: Cairo Jazz Club
THE OSCARS WEEK @ ZAWYA
Film
Date: 2/24/2019
Time: 1:00pm - 12:0am
Venue: Zawya
ALL YOU CAN EAT WINGS @ THE TAP EAST
Bars
Date: 2/24/2019
Time: 10:00pm - 3:00am
Venue: The Tap East
'Tanagra'  @ Art Corner  Zamalek
Exhibitions
Date: 2/24/2019
Time: 7:00pm - 10:00pm
Venue: Art Corner Gallery
Filmmaking w/ Mohamed Nader @ Studio ZAT
Workshop
Date: 2/24/2019
Time: 6:00pm - 10:00pm
Venue: Studio Zat
Acting for Film @ Pro Step Film School
Workshop
Date: 2/24/2019
Time: 6:00pm - 10:00pm
Venue: Pro Step Film School
RECEPTIVE FORMS @ ZAMALEK ART GALLERY
Exhibitions
Date: 2/24/2019
Time: 7:00pm - 10:00pm
Venue: Zamalek Art Gallery
Movement Course w/ Ahmed Azmy @ CCDC
Course
Date: 2/24/2019
Time: 8:30pm - 10:00pm
Venue: Cairo Contemporary Dance Center