Al Nowais Investments subsidiary also pens agreement for 500MW wind project in Aswan having bagged 50MW PPA in Togo last month.
EETC wants to progress Egypt's renewable energy programme through auction-based procurement, with advice from the IFC.
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.
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.
Various projects located in the 1.8GW Benban solar park will be co-financed by AIIB and the International Financial Corporation.
Acwa Power has been awarded three solar PV projects in the Aswan Province of Benban, Egypt, under Round 2 of the Feed-in Tariff (FiT) programme.