B-Electric consortium inks initial agreement for 50 MW Zaafarana solar plant

A consortium led by B-Electric has signed an initial agreement with the New and Renewable Energy Authority to establish a 50 MW solar power plant in Zafarana, the local press reports, citing unnamed sources familiar with the matter. A final agreement is set to be signed within 3-4 weeks. The project is financed by a EUR 50 mn loan provided by the KfW Development Bank.