Loans for rooftop solar are heating up in Egypt

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Two Egyptian banks are moving into green lending with an initiative to finance rooftop solar power systems for residential consumers. National Bank of Egypt and Banque Misr are offering loans within specific areas of Cairo, with plans to expand into Egypt’s other governorates. How will that work in a mostly Muslim country, where interest payments are forbidden […]

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Dubai Might Buy Solar off Roofs

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Dubai’s electric utilities are considering buying back power generated from solar panels on the roofs of houses and office buildings. Last year, the city carried out its first ever study to see how much solar power is being produced outside the grid and it found that local businesses and other private owners were producing around 5 […]

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