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Recently, PV developer Lightsource BP formed a joint venture with HA Utilities of Egyptian architecture and engineering group Hassan Allam Holding (HAH) to develop utility-scale solar projects
in Egypt.
The joint venture will also provide solar and energy storage solutions
to commercial and residential customers.
The CEO of HA Utilities added, "Our business model will allow us to leverage the strong relationship, financing capabilities and technical know-how between the two partners and management teams to build a sizable renewable platform
.
" ”
The CEO and founder of Lightsource BP said, "Projects in emerging markets are not just yields, they are also growth points
for fast-growing economies and populations.
Following the country's economic recovery and the recently announced renewable energy targets, we see exciting potential
in Egypt.
”
Hassan Allam Holding is Egypt's leading engineering and construction group whose main activities include infrastructure, power, industrial, petrochemical and special construction projects
in Egypt and the MENA region.
Egypt's 1.
6GWp solar park in Benban will be operational in 2019, and the country's energy mix will aim
to run on 20% renewable energy by 2022.
:/, please indicate the source for reprinting)
Recently, PV developer Lightsource BP formed a joint venture with HA Utilities of Egyptian architecture and engineering group Hassan Allam Holding (HAH) to develop utility-scale solar projects
in Egypt.
The joint venture will also provide solar and energy storage solutions
to commercial and residential customers.
The CEO of HA Utilities added, "Our business model will allow us to leverage the strong relationship, financing capabilities and technical know-how between the two partners and management teams to build a sizable renewable platform
.
" ”
The CEO and founder of Lightsource BP said, "Projects in emerging markets are not just yields, they are also growth points
for fast-growing economies and populations.
Following the country's economic recovery and the recently announced renewable energy targets, we see exciting potential
in Egypt.
”
Hassan Allam Holding is Egypt's leading engineering and construction group whose main activities include infrastructure, power, industrial, petrochemical and special construction projects
in Egypt and the MENA region.
Egypt's 1.
6GWp solar park in Benban will be operational in 2019, and the country's energy mix will aim
to run on 20% renewable energy by 2022.
:/, please indicate the source for reprinting)
/
