China Energy New Energy (01735) and EGN signed a memorandum of understanding to develop a photovoltaic power station and establish component production capacity in Oman.

Wisdom Financial News App: China Environ Energy (01735) has released an announcement that on August 25, 2025, EGN LTD (EGN) signed a memorandum of understanding with the company. According to this, the parties of the memorandum of understanding (plan to invest in a solar power station project in Oman and establish a photovoltaic component production capacity locally. The cooperation will be based on the principles of equality and mutual benefit, industrial synergy, and coordinated development, striving to establish a long-term stable strategic partnership to achieve mutual growth and shared success.