ACWA Power’s 200MW Kom Ombo solar project obtains $123 million financing package
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, today announced that it has signed a US$123 million financing package to develop the 200MW Kom Ombo project, a utility-scale solar power plant in Egypt. Financing institutions for this project include European Bank for Reconstruction and […]
Egypt’s Kom Ombo solar plant receives $114 million financing package
Egypt’s largest private solar plant, Kom Ombo, receives US$ 114 million financing package. EBRD, OPEC Fund, AFDB, GCF and the Arab Bank to finance the 200 MW solar plant in Egypt Kom Ombo solar plant to be developed, constructed and operated by ACWA Power Financing package to increase renewable energy in Egypt The European Bank […]
NREA to sign €36m contract with Belectric for 50MW Zaafarana solar plant
Government entities are pushing ahead with solar stations in Zaafarana, Aswan: The New and Renewable Energy Authority will sign within days a EUR 36 million contract with Germany’s Belectric to establish a 50 MW solar power plant in Zaafarana, sources told the local press. Separately, the Electricity Ministry signed a contract with Emirati energy firm […]
Six int’l companies bid for Kom Ombo solar plant consulting tender
Six international companies have submitted bids in the tender to consult on the construction of a EGP 1.4 billion, 50 MW solar power station in Kom Ombo, according to Al Mal, citing unnamed Electricity Ministry sources. Among the six are Belgium’s Tractebel, Malaysia’s Global Oriental, and Germany’s ILF Consulting Engineers, the sources added without specifying […]
Egypt signs €20 mn deal with Spain’s TSK for Kom Ombo solar park
Egypt’s New and Renewable Energy Authority NREA and the Spanish energy giant TSK Grupo signed on Thursday a contract to set up a 26 MW photovoltaic plant, also known as a solar park, in Kom Ombo in Aswan, Upper Egypt, valued at a total of 20 million euros. “The plant will be built over an […]
Egypt receives two bids under $0.03/kWh for 200 MW Kom Ombo solar project
The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA. The Egyptian Electricity Transmission Company (EETC) will review six bids for the 200 MW Kom Ombo solar PV project in Egypt, according to a press release issued […]
