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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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