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#Karam Solar

With the approval of three new solar power plants under a $US 500 million financing package by the European Bank for Reconstruction and Development (EBRD), investments in Egypt’s solar energy sector hit record levels in 2017. In a press statement on Wednesday, EBRD said it is providing $US 73 million for the construction and operation of three solar photovoltaic power plants in Egypt’s southern province of Aswan with a total capacity of 120 megawatts. According to the bank, these plants…