Posted by: APO | 3 March 2021

Egypt: the African Development Bank approves a loan of over $27 million to establish Kom Ombo solar power plant

The African Development Bank’s Board of Directors (www.AfDB.org) today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse gas emissions and creating construction… Read more on https://afdb.africa-newsroom.com/press/egypt-the-african-development-bank-approves-a-loan-of-over-27-million-to-establish-kom-ombo-solar-power-plant?lang=en


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