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 French group and the Algerian gas and power provider will team up in the areas of solar PV technology and energy efficiency. Sonatrach is also the state-owned entity responsible for the implementation of Algeria’s solar and renewable energy targets, and for the launch of the long-awaited 4 GW auction for PV.
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.
The new 150 MW solar module manufacturing facility will be located in Kairouan and will enable the company to reach a total production capacity of 200 MW.
The Saudi energy company will build three solar facilities under Round 2 of the country’s FIT program.
The two oil and gas companies, which started the construction of their first PV project in May, are now identifying sites at Sonatrach’s facilities in Algeria, with the aim of building more large-scale solar power plants.
The African Development Bank has committed US$265 million to the development of two solar power plants in Morocco with a total capacity of 800 MW.
The recently tendered project will be financed by German development bank, KFW and will be located in Tozeur, where STEG is now building its first PV plant.