Egypt plans 100MW solar power plant
Source: The Guardian
Date: 12 July 2010
The Egyptian Electricity Ministry has unveiled plans to build a new $700m 100MW solar power plant between 2012 and 2017 that should further establish the country as one of the leading developers of utility-scale solar plants. According to reports in the local Al-Ahram newspaper, the solar power project at Kom Ombo, near the Aswan High Dam hydro-electric plant, will be financed by a number of international institutions, including the African Development Fund and the World Bank. Additional finance is also expected to be provided through the UN's Clean Development Mechanism (CDM) carbon offsetting scheme.






