Egypt signs green energy deal with Saudi ACWA

CAIRO: The Egyptian Electricity Transmission Co. will this month sign a deal to purchase wind energy of 1,100 megawatts from Saudi Arabia’s ACWA Power. Sources at the EETC said that the project would cost over $1.2 billion and would be implemented in stages. According to the sources, the EETC will pay 2.85 cents per kilowatt-hour. The Egyptian Cabinet had agreed to proceed

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