Scatec Solar brings online 65-MW solar farm in Egypt
Source: Scatec Solar (www.scatecsolar.com)
Norway’s Scatec Solar ASA (OSL:SSO) announced today the start of commercial operations of the first part of the 400-MW solar park it is building at Egypt’s 1.5-GW Benban solar complex, touted as the world’s largest.
The Oslo-based company has grid-connected the 65-MW share of the project that comprises six equally sized solar plants it expects to complete during the second half of this year. The inaugurated plant is equipped with bi-facial solar panels to capture the sun rays from both sides and ensure greater generation capacity.
In 2017, Scatec Solar and its partners, renewable energy investor KLP Norfund and infrastructure investment platform Africa50, secured 25-year power purchase agreements (PPAs) with the Egyptian government for the output of all six solar farms at Benban. The farms are expected to produce an estimated 870 GWh each year and supply electricity to more than 420,000 Egyptian households.
Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.