Egypt's Ministry of Electricity to receive bids for first ever solar PV plant

Share

Egypt’s Ministry of Electricity is set to receive bids for a tender by the country’s New and Renewable Energy Authority (NREA) to build a 200 MW PV plant in the southern Egyptian province of Aswan.

Both local and international investors are being invited to lodge bids for the rights to build, own and operate the plant, which will be Egypt’s first solar PV installation.

An initial auction date of July 25 has been pushed back – first to September 30 then again to October 20 – to allow interested companies to better prepare their bid presentations.

The NREA’s chairman, Sha’ban Khalaf, said that the installation will comprise ten individual PV plants, each boasting a 20 MW capacity, remarking that companies able to demonstrate previous success in constructing and operating solar PV farms would be given preference in the tender.

The project forms part of Egypt’s five-year solar energy plan, which was implemented in 2012 and is hoped will bring 3,500 MW of solar power to the grid by 2017. Of that, 700 MW will be delivered by PV farms, the Ministry of Electricity report, while the remaining 2,800 MW expected to come from concentrated solar power.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

U.S. startup offers meter socket adapter that simplifies solar, battery, EV charging connection

04 December 2024 ConnectDER has secured $35 million in Series D funding to support its meter socket adapter (MSA) business, which integrates solar, storage, EV chargin...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.