Scatec Solar completes further 65 MW at Egyptian complex
Source: Scatec Solar (www.scatecsolar.com)
Oslo-based Scatec Solar ASA (OSL:SSO) and its partners have hooked to the grid another 65-MW portion of the Benban solar project in Egypt.
Scatec Solar is in charge of building solar plants with a combined capacity of 400 MW as part of the 1.5-GW Benban complex. It announced the completion of the first 65 MW in April and now has 130 MW in operation. The company expects to complete the rest of the project in the second half of the year.
The two already installed plants use bi-facial panels which capture the sun from both sides.
Scatec Solar’s partners in this project are KLP Norfund and Africa 50. Together, in April 2017 they entered into a 25-year power purchase agreement (PPA) with the government of Egypt tied to Benban. The six plants totalling 400 MW will be able to produce about 870 GWh of electricity per year.