Acciona, Swicorp start construction on 150MW PV project in Egypt

Facebook
Twitter
LinkedIn
Reddit
Email

Acciona Energia, the renewables subsidiary of ACCIONA Group, and Enara — the renewable energy platform of Saudi company Swicorp — have started construction on three PV projects totaling 150MW in Egypt.

The installations, which will be owned at 50% by both companies once completed, stand as an investment of around US$180 million and are located in the Benban complex — established by the Egyptian Government in the Aswan region.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

These three projects are Acciona Energia’s first renewable projects in Egypt.

Once completed, the projects will produce enough clean energy equivalent to the consumption of around 150,000 Egyptian homes.

Power generated by the three projects will be supplied to the utility Egyptian Electricity Transmission Company under a long-term PPA that will last for 25 years. Financing will be provided by both the IFC and the AIIB.

Construction work has already started on the three projects — with work slated to last for an estimated 12 months until the start of operations for the plants.

Each of the three projects will be equipped with 190,774 polycrystalline silicon modules mounted on horizontal-axis tracking structures manufactured by STI Norland.

Read Next

August 28, 2025
Bahraini, Chinese, Egyptian and Emirati groups have agreed to develop a new solar and storage manufacturing facility in Egypt
August 19, 2025
Scatec has reported stable financial results in the second quarter of 2025, with revenue holding steady at NOK2.3 billion (US$220 million).
July 23, 2025
Spanish renewables developer Acciona Energía has powered a 162.6MWp solar PV plant in the Dominican Republic.
July 21, 2025
Spanish renewables developer Acciona Energía has started construction at a 177.9MWp solar PV plant in Peru.
July 7, 2025
GameChange Solar has announced plans to supply trackers for the 1GW second phase of the Abydos project in Egypt.
June 16, 2025
Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines