Egypt, April 14 -- The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt's green energy transition with a US$ 65 million construction bridging loan to HAU Energy for the development of a new renewable energy project in Benban, near Aswan.The financing will support the construction and installation of a 200 MW solar photovoltaic (PV) plant and a 120 MWh battery energy storage system (BESS), an important milestone in expanding Egypt's renewable energy and battery storage capacity, helping the country accelerate its shift to a low carbon economy.Once operational, the new facility is expected to reduce CO? emissions by up to 280,000 tonnes annually, making a significant contribution to Egypt's climate goals and stre...