aswan

Al Nowais Investments subsidiary also pens agreement for 500MW wind project in Aswan having bagged 50MW PPA in Togo last month.

Firms to each own half of 186MWp capacity (150MW rated) built with US$180 million investment at government-sponsored Benban complex.

Gamesa Electric is to supply 66 PV inverters to 400MW of capacity being set up by Scatec Solar at the Benban solar park in 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 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.