Egypt signs deal for construction of 1,000-MW worth of solar and wind power

Renewable energy company AMEA Power Ltd. has announced the financial close for the two major clean energy projects in Egypt, making way for construction to begin. 

The two projects, the 500MW Abydos solar plant located 600km south of Cairo in Aswan governorate and the 500MW Amunet wind farm 318 km south of Cairo in the Red Sea governorate will be built, owned and operated by the fully owned subsidiaries of the United Arab Emirates-based AMEA Power—Abydos Solar Power Co. and Amunet Wind Power Co.