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3 hours ago

Egypt Approves 1 GW Solar Project With 600 MWh Battery Storage

Egypt has approved a 1-GW solar power project with 600-MWh battery storage in Minya Governorate. Developed by Nefer Minya Renewable Energy, a joint venture between Infinity Power Holding and HAU Energy, the project requires around $750 million investment. Developers are seeking $170 million from the EBRD, with a decision expected by September 9.

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