The Spanish company will build three PV plants in a 50/50 joint venture with Saudi developer Swicorp. The facilities will sell power to local utility EETC under a 25-year PPA.
Dr. Sam Duby, Africa Director for TFE Consulting, sat down with PV Magazine to discuss insights from TFE’s new report “Kenya: The World’s Microgrid Lab”, the importance of on-the-ground experience in energy access projects, and how tech and social innovation in Africa will be the headline of the next decade.
The project will be developed by local renewable energy developer Soliwind. Around 30% of the energy needs of the airport will be covered by the power output of the PV system.
In what comes as the company’s first turnkey solar contract, GE Power Conversion is expected to build a 50 MW PV plant in Egypt.
The bank is granting long-term debt financing for the construction of 11 solar plants.
PV can reach a share of 30% to 50% in the global power production by 2050, according to a study conducted by Mercator Research Institute on Global Commons and Climate Change.
The European Bank for Reconstruction and Development (EBRD) today announced the completion of financing for two 50 MW PV projects, to be built as part of the 1.8 GW Benban Solar complex in Egypt’s Aswan province.
The Saudi Arabian power group will build three solar plants at the Benban solar complex, where most of the projects developed under Egypt’s FIT scheme are being constructed.
The Spanish inverter specialist will ship its 35 of its centralized Inverter Stations to the three sites over the course of this year, the company has confirmed.
The funds will be used to support the construction of 11 solar plants with a combined capacity of 500 MW.
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