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 […]
EBRD, TAQA Arabia promote private-to-private renewable energy in Egypt
EBRD loan to TAQA PV for Solar Energy, renewable energy arm of TAQA Arabia First tranche of loan to finance construction of 6 MWp solar photovoltaic power plant to supply dairy producer Dina Farms One of Egypt’s first private-to-private renewable energy projects The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of […]
Benban solar developers get reduced cost-sharing bill
Benban solar developers get a break: The Egyptian Electricity Transmission Company (EETC) has signed an agreement with 32 solar developers operating at the Benban plant that will cut their cost-sharing bill by EGP 300 mn to EGP 1.6 bn, the local press reports, citing unnamed sources familiar with the matter. The agreement, which was first […]
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 […]
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 […]
Egypt cancels construction of 200 MW West Nile Delta solar project
The Egyptian Electricity Transmission Company (EETC) has decided to cancel a recently launched tender for the construction of a 200 MW solar PV project in the West Nile region of Egypt, considering that Egypt had reached surplus electricity in a context of low electricity demand. However, it hasn’t cancelled the tender for 600 MW of projects that will […]
New Net Metering Rules in Egypt – by Riad & Riad Law Firm
On 28 April 2020, the Egyptian Electricity Utility and Consumer Protection regulatory Agency (“EgyptERA”), as the regulator of the electricity market, issued new rules for net metering. Net Metering is a system allowing customers to establish solar plants within their premises to meet all or part of their needs from electricity and feed any surplus […]
12 companies bidding for Egypt’s 200 MW West Nile Delta solar plant
As many as 12 local and foreign companies are bidding in a tender launched by the Egyptian Electricity Transmission Company (EETC) to build a 200 MW solar plant in the West Nile Delta, the local press reports, quoting unnamed sources. The company’s include the UAE’s Masdar and Alcazar Energy, Saudi Arabia’s Al Fanar, Acwa Power, […]
Two companies to conduct studies for 200 MW West Nile solar project
The project carried by an alliance of two companies has just been chosen to carry out the technical and financial studies relating to the implementation of a photovoltaic solar power plant in the West Nile. The installation will have a capacity of 200 MWp. As part of its policy to produce 20% of the country’s […]
German Belectric wins contract for 50 MW solar plant in Zaafarana
The German company Belectric has been selected by the Egyptian authorities to develop the Zafarana solar photovoltaic project. It will supply 50 MWp to the national grid in Egypt. Several companies had been shortlisted for the construction of the future Zafaran solar photovoltaic power plant in the Gulf of Suez in north-eastern Egypt. These included […]
