The EPC provider, which is active in the MENA region, announced that it expects a 900 MW pipeline shortly. The company was recently acquired by U.K.-based Arjun Investment Partners and reportedly has increased its staff size by 30% this year. The company cites an increasing interest in asset diversification and good economics as reasons for MENA’s investment in solar PV.
Italian developer Enerray is progressing three PV plants in Egypt’s Benban complex. The modules will be supplied by the Chinese manufacturer
The European Bank for Reconstruction and Development (EBRD), which is now assisting the Egyptian Electricity Transmission Company (EETC) for the tendering of two solar PV projects, is seeking consultants to help the country’s transition from FITs to auctions.
The Spanish renewable energy company is building three solar facilities at the Benban complex in partnership with Saudi company, Swicorp. The installations will rely on solar modules provided by Chinese manufacturer, Astronergy and trackers from the Spanish provider, STI Norland.
German firm, ib vogt and Egypt’s Infinity Solar inaugurated first 64.1 MW PV farm in the Aswan Governorate, Southern Egypt this week. pv magazine, which attended the event, reports on the future plans of the two partners, and looks at the Egyptian solar market.
The projects were awarded to the German EPC under the second round of the Egyptian FIT program, and are located in Benban in the country’s Aswan Governate.
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
World Bank Group member, the Multilateral Investment Guarantee Agency (MIGA), has pledged to provide financial support for six solar power plants in Egypt, the accumulative capacity of which stands at 250 MW.
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