Egypt is planning to start a Solar Desalination project and once the plant is completed, it will be one of the largest such projects in the world. The companies involved in this are Scatec, Orascom Construction, and Metito Holdings Limited.

The total cost of the project will be around $1.5 billion with a $2.5 billion initiative for building more renewable energy by 2025. The consortium will also build 400 MWs of solar power plants. This plant will produce 1 million to 2 million cubic meters of water every day.

The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a build, own, operate and transfer system, according to Metito’s managing director for Africa, Karim Madwar.