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EIB commits up to $90 million for Egyptian solar and battery project
Original: EIB backs up to $90 million for Dandara solar and battery project in Egypt’s Qena Governorate
The European Investment Bank has agreed to provide up to $90 million in financing for the Dandara solar and battery storage project in Egypt's Qena Governorate. The funding supports renewable energy expansion and grid storage in southern Egypt, part of broader efforts to grow clean power capacity across the region.
Why now: New large-scale green financing for Egypt's renewable energy sector is drawing attention amid global interest in solar-plus-storage investments.
European Investment BankDandara solar projectEgyptQena Governorate
Evidence
- EIB backs up to $90 million for Dandara solar and battery project in Egypt’s Qena Governorate · fundsforNGOs News
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