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FINANCIAL NEWS
Norway’s Scatec Solar to build USD600m solar plants in Egypt
19 Nov 2015
](MENAFN) Scatec Solar, the European company which specializes in integration of photovoltaic (PV) systems plans to initiate solar projects in Egypt at nearly USD600 million.
Additionally, as the sun is very stable from morning to evening, plenty of solar power can be generated in Egypt, plus these investments will create numerous jobs in the country.
The Norway-based firm has already begun talks with Egyptian companies in regards to training local workers and teaching them the skills during the building of solar plants.
Furthermore, there have been several solar energy events in Cairo throughout the last year, but this one was completely different because it fixated on formulating the activities on the ground.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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