The International Finance Corporation is considering providing $ 600 million financing to Amy Power for its solar Energy 2 project, according to To explain On the institution's website.
The financing package includes $ 120 million in a direct funding form from the International Finance Corporation, in addition to 480 million dollars through joint loans.
The International Finance Corporation estimated the total cost of the project at about 750 million dollars.
It is expected that the Board of Directors of the International Finance Corporation will vote on financing on July 31.
Amy Power signed agreements last September to develop the station with a capacity of 1 GB with a 600 -megawatled batteries energy storage system in Benban, Aswan.
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