{"id":481571,"date":"2025-06-16T23:05:58","date_gmt":"2025-06-16T23:05:58","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/06\/16\/egypt-reaches-a-milestone-with-479-million-for-its-first-solar-power-plant-with-batteries\/"},"modified":"2025-06-16T23:06:03","modified_gmt":"2025-06-16T23:06:03","slug":"egypt-reaches-a-milestone-with-479-million-for-its-first-solar-power-plant-with-batteries","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/06\/16\/egypt-reaches-a-milestone-with-479-million-for-its-first-solar-power-plant-with-batteries\/","title":{"rendered":"Egypt reaches a milestone with $479 million for its first solar power plant with batteries"},"content":{"rendered":"<p>After securing a financing of $184.1 million from the African Development Bank (AfDB) last week, Egypt now benefits from two new major supports, those of British International Investment (BII) and the European Bank for Reconstruction and Development (EBRD), for the development of the Obelisk photovoltaic solar project in the Qena governorate. These contributions bring the... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2025%2F06%2F16%2Fegypt-reaches-a-milestone-with-479-million-for-its-first-solar-power-plant-with-batteries%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>After securing a financing of $184.1 million from the African Development Bank (AfDB) last week, Egypt now benefits from two new major supports, those of British International Investment (BII) and the European Bank for Reconstruction and Development (EBRD), for the development of the Obelisk photovoltaic solar project in the Qena governorate. These contributions bring the&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2025%2F06%2F16%2Fegypt-reaches-a-milestone-with-479-million-for-its-first-solar-power-plant-with-batteries%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":537202,"featured_media":481572,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/06\/16\/legypte-franchit-un-cap-avec-479-millions-usd-pour-sa-premiere-centrale-solaire-dotee-de-batteries\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12028,12038],"tags":[],"class_list":{"0":"post-481571","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-energy","8":"category-premium-en","9":"pmpro-level-required","10":"pmpro-level-1","11":"pmpro-level-3","12":"pmpro-level-4","13":"pmpro-level-5","14":"pmpro-level-6","15":"pmpro-level-7","16":"pmpro-no-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt reaches a milestone with $479 million for its first solar power plant with batteries - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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