Egypt wants cheaper solar bids, lowers bar to $0.025/kWh
The Egyptian Electricity Transmission Company (EETC) has informed all participants of a tender for the deployment of 600 MW of PV capacity in the West of Nile Area that it won’t accept bids exceeding US$0.025/kWh. In its tender for the 200 MW Kom Ombo solar project, the lowest bid, submitted by Saudi energy company ACWA, was $0.02752.
More developers approved for Egyptian small scale PV program
National scheme reportedly aims to drive installation in segments including residential and commercial and industrial facilities.
UPDATE: ACWA offered lowest bid in Egypt’s 200 MW tender
As pv magazine has learnt, the Saudi energy giant lowered its offer to $0.02752/kWh at the last minute, beating the bid lodged by Spain’s Fotowatio, which offered $0.02791 per kWh.
Egypt receives two bids under $0.03/kWh in 200 MW solar tender
The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA.
Egyptian Pyramids may help solar research
A group of Russian researchers has found out that under resonance conditions, the Pyramid of Giza can concentrate electromagnetic energy in its internal chambers. This discovery, the scientists claim, may also be used to develop high efficient solar cells.
Enviromena begins installation of 500 MW PV in Egypt, Jordan
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.
Scatec wants to double size of project pipeline
Chief executive of Norwegian developer tells markets his company will deliver on 1.5 GW promise by the end of the year – by including any projects it has broken ground on.
Suntech to supply 304 MW of modules to Voltalia
The news comes after Suntech recently announced a separate 116 MW module supply deal, with both orders related to Egypt’s mega Benban complex
Enerray and Suntech ink contract for supply of 116 MW of modules for Benban
Italian developer Enerray is progressing three PV plants in Egypt’s Benban complex. The modules will be supplied by the Chinese manufacturer
Egypt seeks to define new auction mechanism for solar and wind
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.
