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  • 25-07-18

    Lightsource BP enters joint venture for Egypt's solar project

    (MENAFN) UK's Lightsource BP was announced to have signed a joint venture deal with construction and Egyptian engineering group Hassan Allam Holding.

    The joint venture has been secured for the development, operation and financing of utility scale solar projects in Egypt.

    It comes as Egypt set out a target to meet 20 percent of its energy needs from renewable sources by 2022.

    CEO and Founder of Lightsource BP Nick Boyle stated "we see exciting potential in Egypt following the country's economic recovery and recently announced renewable power targets."

    MENAFN2507201800450000ID1097197546

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