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FINANCIAL NEWS
German-Swiss consortium applies USD 3.5bn solar plant in Egypt
24 Apr 2016
(MENAFN) A global consortium of huge solar power and engineering industries firms proclaimed the start of building Egyptian solar plants to produce 2 GW power with USD 3.5bn.
Moreover, the project covers Bahrain-based Terra Sola Ventures (Terra Sola), Swiss wealth management firm Terra Nex, RWE New Energy and others.
In addition, Terra Sola aims building a 200 MW PV module manufacturing facility and an inverter fab to be used for the consortium’s own solar plants as well as exporting.
Furthermore, the consortium established an office in Egypt to collaborate with the Egyptian government to start conducting studies and application phases.
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BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
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BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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