January 3 (Renewables Now) - China Gezhouba Group Company Limited (SHA:600068) has secured a contract to build distributed solar power generation facilities with a combined capacity of 500 MW across Egypt, its parent China Energy Engineering Corporation (HKG:3996) said on Friday.
The USD-287.5-million (EUR 261.3m) contract, signed recently, covers design, construction work, equipment procurement, installation, commissioning and supply of spare parts. The agreement is for a period of three years, according to the statement.
China Gezhouba is a construction and engineering company, a subsidiary of the state-owned energy conglomerate.
(USD 1.0 = EUR 0.909)