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Arab Finance: The Egyptian New and Renewable Energy Authority (NREA) has signed a land allocation agreement with a consortium comprised Orascom Construction PLC, ENGIE, and Toyota Tsusho Corporation to establish a three-gigawatt (GW) wind farm in west Sohag, according to a statement.
The new wind farm is expected to provide clean and sustainable energy to around 2 million houses as well as contribute to reducing carbon emissions by 6.5…