Sixth of October for Development and Investment Company (SODIC) has unveiled the pre-launch of phase II of its latest New Zayed project, or "VYE," introducing a limited range of solar-powered homes.

The Administrative Capital for Urban Development (ACUD) has selected Benha Electronics and Suntech Egypt to build phase I of solar power systems on some public buildings in the New Administrative Capital (NAC), at an investment cost of EGP 140 mn.

Mountain View (MV) has released the latest phase of its flagship project on the North Coast, dubbed "Crete Islands," after the success of Mykonos, Santorini, Samos, and other Greek-inspired communities within Mountain View Ras El Hikma.

Sixth of October for Development and Investment Company (SODIC) said the first batch of standalone villas in west Cairo's VYE project has been sold out, raising EGP 250 mn in sales within 48 hours only.

Egypt's Sixth of October Development and Investment Company (SODIC) has sold out EGP 1 bn worth of units at its New Zayed project, called “VYE," in 48 hours only due to the high demand.

Elsewedy Electric for Trading and Distribution, a subsidiary of Elsewedy Electric, inked a contract with Toyota Tsusho Corporation on August 28 to jointly design and construct two 50-megawatt photovoltaic power plants in Zambia, attempting to make them the largest ever in Africa

Egyptian renewable energy developer Infinity Solar Energy and German-based solar developer ib vogt GmbH will receive a USD 87 mn syndicated loan

The Multilateral Investment Guarantee Agency (MIGA) approved the provision of guarantees worth USD 210 mn to a number of international companies working on the largest solar power project in Egypt

Dubai will implement the world's “largest” concentrated solar power (CSP) plant

Saudi Arabia announces the offering of three bids to generate electricity from solar energy in the years of 2018, 2019 and 2020, Al-Madina reports.