benban

EBRD backs HAU Energy with US$65 million loan for 200MW solar PV and 120MWh storage project in Benban, Egypt.

EDF Renewables invests to acquire undisclosed share in local firm managing 170MW portfolio of solar projects in operations, under construction and advanced development.

The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.

The Norwegian developer also switched on 65MW of new capacity in Egypt's giant Benban complex this week.

Complex near Aswan witnesses commissioning of 130MW duo by Elsewedy Electric and EDF plus 65MW latest bifacial batch by Scatec Solar and partners.

Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.

Developer links first 65MW of 400MW project at Benban complex, with panels supplied by LONGi and funded by development players keen on bifacial tech.

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.

Streamlining red tape, ditching subsidies for bill payers and improving investment conditions could see Egypt become a multi-GW market for solar.