A first agreement to start a feasibility study for the project, which also includes the construction of a giant solar plant, was signed in the presence of the country’s minister of energy Mohamed Shaker.
The Norwegian solar developer has obtained a 25-year PPA for six PV power plants totaling 400 MW. The facilities will be located near Aswan in Upper Egypt.
The Infinity 50 solar park in Benban was officially approved by the Egyptian Electricity Transmission Company. Project is financed by German Bayerische Landesbank and Arab African International Bank.
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