EliTe Solar Invests $150 million for 8GW Solar Hub in Egypt
EliTe Solar plans to invest over $150 million in a Solar manufacturing hub in Egypt's TEDA Suez Economic Zone. The 78,000 m² facility will have an 8 GW capacity, with the first 2 GW phase completed by September 2025. Expected to generate over $190 million annually, the hub aims to establish Egypt as a major photovoltaic manufacturing center in the region.
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