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Egypt signs MOU with China’s GCL for $2 billion solar panel factory

CAIRO: China’s GCL Group has signed a memorandum of understanding (MOU) with Egypt’s ministry of military production to build a solar panel facility at a cost of up to $2 billion, state-run newspaper Al-Ahram reported on Thursday. Under the MOU, which was signed on Wednesday, the facility will manufacture panels capable of producing 5 gigawatts […]

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