The Egyptian Electricity Transmission Company (EETC) has issued a request for prequalification (RfP) for 600MW of solar PV to be developed West of the Nile.
These proposals will be settled under a Build, Own & Operate (BOO) scheme and will involve developing projects in the Minya and Aswan areas. The project land ownership shall be transferred to the New and Renewable Energy Authority (NREA) after a period of 25 years, according to the RfP document.
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Developers must have already completed three projects of at least 100MW capacity each and the deadline for submissions is 14 January 2018.
Egypt has been building up its PV pipeline over the last couple of years, with Scatec Solar closing financing for a 400MW solar portfolio back in October 2017 and the Asian Infrastructure Investment Bank providing US$210 million in debt financing for 490MW of solar in Egypt back in September 2017.
Additonal reporting by Tom Kenning.
