Infinity Solar has completed the construction of three solar plants in Benban solar power park and expects to complete the fourth by mid-April, Al Mal reports. Two of the completed plants have a production capacity of 50 MW apiece, while the third has a production capacity of 30 MW. The four plants will bring the total energy produced by Infinity’s plants in Benban to 180 MW.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
EGX30 gained 2.79% in 3Q, but September gave back most of its July-August run, with mid-caps falling the hardest
Small- and mid-cap indices widened their lead over the benchmark…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…