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Tag: Kom Ombo

ACWA Power’s 200MW Kom Ombo solar project obtains $123 million financing package

Posted: April 26, 2023 at 12:34 pm   /   Renewables

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 […]

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Solar

Egypt’s Kom Ombo solar plant receives $114 million financing package

Posted: April 24, 2021 at 3:26 pm   /   Renewables

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 […]

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belectric

NREA to sign €36m contract with Belectric for 50MW Zaafarana solar plant

Posted: December 15, 2020 at 3:31 pm   /   Renewables

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 […]

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Solar

Six int’l companies bid for Kom Ombo solar plant consulting tender

Posted: November 8, 2020 at 12:57 pm   /   Renewables

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 […]

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TSK

Egypt signs €20 mn deal with Spain’s TSK for Kom Ombo solar park

Posted: September 16, 2018 at 3:03 pm   /   Renewables

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 […]

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Solar

Egypt receives two bids under $0.03/kWh for 200 MW Kom Ombo solar project

Posted: August 11, 2018 at 8:34 pm   /   Renewables

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 […]

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Results of Ganope Bid Round announced, awards five concessions worth $100 million

Posted: August 3, 2015 at 9:37 pm   /   Oil & Gas

Egypt has awarded five oil and gas concessions that are expected to bring in minimum total investments of about $100 million with bonuses of $3.7 million to drill 16 exploration wells for oil and gas, having received seven offers for 5 blocks, the oil ministry said in a statement on Monday, as the country seeks […]

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