Cairo – Mubasher: Elsewedy Electric Co on Wednesday has signed a memorandum of understanding (MoU) with China-based Huawei Technologies Co to promote photovoltaic solar power in the MENA region.
Both firms aim to provide the optimum solutions for using sources and innovation, such as using simple global operation and maintenance automatically and digitally, in order to build photovoltaic solar power plants, Elsewedy Electric said in a statement to the Egyptian Exchange (EGX).
By 01:40 pm Cairo time, Elsewedy Electric’s stock inched up 0.01% to EGP 90.
