First PPA-driven solar rooftop in Egypt
Solarizegypt will receive payments from Coca Cola for a 1 MW array it has installed on an industrial facility in Sadat City under the nation’s net metering regime.
First private PPA for utility-scale solar in Egypt is signed
The 25-year agreement relates to a 6 MW solar plant that will meet up to 4% of the electricity demand of a facility owned by the Arabian Cement Company, in Egypt’s Suez governorate. The project is being financed by local bank QNB AlAhli under the EBRD’s Green Economy Program.
