Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage project
Financing will be sourced from two specialized Bank Group funds and the Climate Investment Funds' Clean Technology Fund
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt, which will be Africa’s largest solar power plant. Located in…