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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
Kubbara @ Cairo Jazz Club
Bars
Date: 10/16/2018
Time: 10:30pm - 3:00am
Venue: Cairo Jazz Club
Ladies Night ft. DJ Feedo @ Gŭ Bar
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Date: 10/16/2018
Time: 10:00pm - 3:00am
Venue: Gŭ Bar
Moez & Frogmoose @ CJC 610
Clubs
Date: 10/16/2018
Time: 6:00pm - 12:0am
Venue: Cairo Jazz Club 610
Paper Trails II @ Gypsum Gallery
Exhibitions
Date: 10/16/2018
Time: 12:00pm - 8:00pm
Venue: Gypsum Gallery
Hula Hoop Labyrinth @ Gallery Misr
Exhibitions
Date: 10/16/2018
Time: 11:00am - 8:00pm
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Midweek Unique @ Underground
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Date: 10/16/2018
Time: 9:00pm - 3:00am
Venue: UnderGround
Game Night  @    The Tap Maadi
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Date: 10/16/2018
Time: 10:00pm - 3:00am
Venue: The Tap Maadi
Solos in Parallel @ Arts Mart
Exhibitions
Date: 10/16/2018
Time: 6:00pm - 9:00pm
Venue: Arts-Mart the Gallery