Posted inFinancing

African Development Bank to provide $184.1 million for Obelisk solar PV and battery energy storage project in Egypt

The African Development Bank (AFDB) Group has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt, which will be Africa’s largest solar power plant. Located in the Qena Governorate in southern Egypt, the project entails the […]