Italy’s Enel Green Power has decided to withdraw its investments from the renewable energy market in Egypt and seek the compensations for the investments that were already injected in the sector.
Italy’s Enel Green Power SpA (EGP) and US firm Powerhive Inc will build and operate solar mini-grids totaling 1 MW in 100 villages in western Kenya's counties of Kisii and Nyamira in 2016, an investment worth $12m.
Renewables developer Enel Green Power, the renewable energy arm of Italian utility Enel, is planning to expand business in Morocco, CEO Francesco Venturini said.