China’s Hanergy Thin Film Power to invest USD 450 mn in Egypt in high-end 300 MW photovoltaic project

INVESTMENT WATCH- China’s Hanergy looks to invest USD 450 mn in solar industrial park: China’s Hanergy Thin Film Power Group plans to invest at least USD 450 mn in Egypt to build a photovoltaic industrial park, company head Yang Kai said, according to Xinhua. "The project has already got a partner in Egypt and we have begun its feasibility study," Kai said, adding that the project will generate jobs for 3k people. No details on the time frame of the project or the Egyptian partner were provided.