Italy’s Eni confirms renewable energy deal with Egypt

30 Sep 2016

(MENAFN) Italian oil Eni agreed a common strategy with Egypt to construct renewable energy projects in the country.Moreover, the first project will be a solar plant in Sinai with output of 50 MW, while construction is predicted to be sanctioned next week.The aim of the project is to bring 420 MW of mostly solar power generation online by 2020.The Italian firm predicted to start production in 2017, recently produces almost 210.000 barrels of oil per day in Egypt.

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