Egypt's Benban solar complex increases operational capacity by 166.5 MWp

Picture: Aerial picture of Benban solar power plant by ib vogt GmbH, Infinity Solar S.A.E.

June 17 (Renewables Now) - Berlin-based solar developer ib vogt GmbH announced today the start of commercial operation of three solar power plants totalling 166.5 MWp as part of the 1.8-GWp Benban project in Egypt.

The company and its project partners, namely Infinity Solar, Phoenix Energy and BPE Partners, have completed the so-called MMID 30, Phoenix 50 and BSEP 50 solar parks within the Benban complex near Aswan. This expands ib vogt’s portfolio of operating plants at Benban to 230.6 MWp, including the 64.1-MWp Infinity 50 facility that was inaugurated in early 2018.

All projects were awarded under the second round of Egypt’s feed-in tariff (FiT) programme. The plants are now selling their output to the Egyptian Electricity Transmission Company (EETC) on the basis of a 25-year power purchase agreement (PPA).

The project partners achieved financial close on the three schemes at the end of October 2017. The German firm served as the engineering, procurement and construction (EPC) contractor and will also provide operation and maintenance (O&M) services for the plants.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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