Egypt signs EUR 20 mn solar energy agreement with TSK

Egypt’s New and Renewable Energy Authority signed a EUR 20 mn agreement with Spanish energy giant TSK Grupo on Thursday to set up a 26 MW solar park in Kom Ombo in Upper Egypt, Ahram Online reports, citing the state news agency. The park will be complete by mid-2019 and will be funded by the French Development Agency through a EUR 40 mn loan program to renewable energy companies.