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FINANCIAL NEWS
Egypt to establish solar thermal power plants by 2050
24 Nov 2016
(MENAFN) Solar Energy Expert proclaimed his five-year plan to attract foreign investment and about the establishment of solar power plants in the coming period.
Moreover, the plan includes the establishment of five solar power plants with a capacity of 250 MW and links them to a subsidiary gas station for emergency purposes.
The country has all the needed human, technical and financial resources to apply solar energy projects, but it lacks the will as it delayed launching these projects.
In addition, by 2050, the country will face many challenges as its population will reach 120mn people and their water needs will amount to 120bn cubic meters.
More News
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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