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Tuesday, December 06, 2022 11:35 GMT
Egypt plans to award deals next year to build 21 water desalination plants in the first US$3 billion phase of a program that will draw on cheap renewable energy, the CEO of the country’s sovereign fund said on Thursday. Egypt, which recently hosted the COP27 UN climate talks and is trying to boost lagging investment in renewables, also aims to start production at a series of proposed green hydrogen projects in 2025-2026, Ayman Soliman told the Reuters NEXT conference. Egypt depends almost...More