Egypt-based Enara Energy pens deal with Chint Electric for solar project

Agreement signed to develop a sand-to-cell photovoltaics complex

  
Image used for illustrative purpose. Solar panels are seen at a power plant in Amareleja

Image used for illustrative purpose. Solar panels are seen at a power plant in Amareleja

REUTERS/Jose Manuel Ribeiro

ArabFinance: Egypt-based Enara Energy signed a cooperation agreement with Chinese energy firm Chint Electric to develop a sand-to-cell photovoltaics (PV) complex in the Arab republic, Al Borsa News cited Enara’s Head of Project Development Mohamed Adel on December 28th.

The official did not disclose further details about the project, its size, cost, or timeframe.

Last June, Enara reportedly won the production and distribution of electricity contract, which was part of 1.5 million feddan project that would cost EGP 6.5 billion. The development is located in Al Mughara and West Minya regions.

Representatives from both Enara and Chint met with Egypt’s Minister of Military Production Mohamed Ahmed Morsi to discuss joint cooperation for the PV production complex.

Copyright © 2020 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.