Cairo – Mubasher: Renewable energy company Hanergy is looking to pump $450 million to set up a 300-megawatt solar power park in Egypt, the company’s chairman said.
The Chinese solar group has already started the preparation for the feasibility study in partnership with an Egyptian firm, the official Xinhua news agency reported, citing Yang Kai.
Kai gave no further details on the name of the Egyptian partner or the timeframe of the project.
He highlighted that the project will offer nearly 3,000 jobs.
