Egypt Secures $66 Mn Funding for First Phase of Dandara Solar Plant
Egypt has secured a financial package of up to $66 million from the African Development Bank Group (AfDB) for implementing the first phase of the 500-megawatt (MW) Dandara solar power project in Nagaa Hammadi , according to the bank’s statement.
The bank's board revealed approval for the package on July 13 in which is dedicated to support the design, construction, operation, and maintenance of a photovoltaic power plant with an integrated a 100 megawatt-hour (MWh) battery energy storage system.