Acwa Power has contracted China’s Chint Group to provide EPC services for three solar PV plants totalling 165.5MW at the Benban Solar Park in Aswan, Egypt.
ACWA Power has reached financial close on three solar PV projects under round two of Egypt Feed-in-Tariff program II – with the three installations boasting a generation capacity of 165.5MW.
The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.
Acciona Energía and Saudi Arabian firm Swicorp are to build and own three solar PV plants with a combined capacity of 186MW in the Benban solar complex in Aswan, Egypt.
The European Bank for Reconstruction and Development (EBRD) is providing a US$28.5 million loan for a 50MW solar project in Egypt’s Aswan Province, which is being constructed by Saudi-based firm Alfanar Energy.