German ib vogt sells its share in 64.1 MW Benban solar plant to Masdar
Ib Vogt sells one of its Benban plants to Masdar, looks to offload three more: Germany solar company Ib Vogt has sold its entire share in its 64.1 MWp PV plant in the Benban solar park to Abu Dhabi-based renewable energy company Masdar, it said in a statement. The company did not disclose the value […]
German ib vogt completes three PV solar plants at Benban complex
Ib Vogt begins commercial operation of three solar plants at Benban German solar project development company Ib Vogt has begun commercial operation of three solar power plants with a combined capacity of 166.5 MW at the Benban solar complex near Aswan, the company announced in a statement. The plants were awarded under the second round […]
Bloomberg: Desert Sun to Power Upper Egypt with $2.8 bn Solar Park
German-built solar plant is first to feed into grid in Aswan. Egypt targets producing 20% of power from renewables by 2022. Egypt inaugurated the first solar power plant at a remote desert complex where the government plans to generate as much as 1.8 gigawatts from the sun, cutting the most populous Arab nation’s reliance on […]
BPE Partners, Infinity Solar invest $190m in 130 MW Benban solar plants
BPE Partners (formerly Beltone Private Equity), the Egypt-based Egypt-focused private equity manager, jointly with Infinity Solar Energy SAE “Infinity”, an Egyptian renewable energy developer, and Ib Vogt GmbH, an international solar developer established in Germany, have successfully reached financial closure of three solar power plants located in Benban, Egypt for a total capacity of 130MW. […]