Germany’s ib vogt breaks ground on three Egyptian solar farms totaling 166.5 MW
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.
Trump opens the door for specific products, nations to be excluded from tariffs
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.
$102.6 million guaranteed for 250 MW Egyptian PV project
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.
ACWA Power gets financing to deploy 165.5 MW at Egypt’s Benban solar complex
The Saudi energy company will build three solar facilities under Round 2 of the country’s FIT program.
Egypt issues tender for 600 MW of solar
The tender is the first to be issued under the new auction mechanism, which has replaced the FIT scheme for large-scale solar.
ABB supplies inverters for 20 MW project in southern Egypt
The plant was installed in an area of Egypt’s Western Desert that is devoted to a governmental project to transform half a million acres of desert into arable land.
Egypt’s PV net metering set to bear fruit
Egypt’s feed-in tariff scheme expired in October, however recent regulatory updates on the net metering scheme are set to bear fruit for solar PV in Egypt. pv magazine explores the new policy and business landscape.
EDF partners with Elsewedy Electric on 100 MW of solar in Egypt
The renewable energy arm of the French utility and the Egyptian manufacturing company will build the PV facility at the Benban solar company.
400 MW PV project in Egypt reaches financial close
Norwegian project developer Scatec Solar has announced financial close on six projects totaling 400 MW, to be built as part of the enormous 1.8 GW Benban Solar Park located in upper Egypt.
EBRD and IFC backing 1.4 GW of Egyptian solar projects
The European Bank of Reconstruction and Development has identified 16 new solar projects in Egypt with a cumulative capacity of 750 MW to receive financing, while International Finance Corp will support development of a further 13 solar parks.
