Latest in Tag: Benban Highlight
Latest in Tag: Benban

Ib vogt sells Benban Solar Park PV plant to UAE’s Masdar
The two companies have also signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three further solar parks, also located in the Benban Solar Park. The three solar parks have a combined volume of 166.5 MWp.

Grid parity remains main issue facing MENA renewable energy projects: MESIA
Most of Egypt’s PV solar projects curbed by intermittency, further development will depend on storage capacity increases

Benban solar investors to decide on complex’s service management contract in January
According to a source from Benban solar park, Hassan Allam has the right to participate in the service management tender again, if its contract was not renewed. The company’s first contract was awarded in the period of construction and installation of the project which differs the future stages.

Benban investors offer to pay EGP 700m to solve the cost-sharing dispute, pay remaining amount on instalments
EETC to set the value owed by companies in days, seeks to put interest on instalments

Gama Construction announces grid connection of 6 solar plants in Benban
Gama Construction’s scope of work in Benban Solar Park consisted of six solar power plants, which is considered the largest number of plants to be performed by one local contractor. Furthermore, the manpower in Gama’s projects exceeded 4,700 workers who completed a total of 7.5m hours.

UAE and Chinese companies seek to acquire solar energy projects in Benban
Commercial operation enhances investor plans, sale of Enerray approaches

Benban Solar Park: a success story by public, private sectors
A hundred companies contributed to project with total investments of $2bn, to output 1.4GW of solar energy

El Sewedy, EDF start commercial operation of 2 solar stations in Benban
Projects output 130MW with $140m investments

World’s largest solar park goes online
EETC to pay EGP 700m for produced energy

Infinity Solar fully operates its 133MW power plants in Benban
Hesham El Gamal, director of public relations and communications of the company, told Daily News Egypt that the projects they implemented, operated, and linked to the grid include Phoenix, Bseb, and MMID stations.

Benban investors, EETC dispute over cost-sharing hike threatens project
Cost-sharing value up 130%, companies hint at possible resort to arbitrationÂ

Government purchases electricity from private sector for EGP 400m
The government has purchased electricity from the private sector for EGP 400m until March 2019. Sources at the ministry of electricity told Daily News that the Egyptian Electricity Transmission Company (EETC) and electricity distribution companies across the country are committed to repaying the dues of the companies without delays. The sources explained that the largest …

EBRD’s vice president to meet Madbouly, visit Benban solar park
Bank invests over €4.8bn in 91 projects in Egypt

Acwa Power to finalise 3 projects worth $200m in Benban end-June
Company awaiting cabinet’s approval for 500MW wind project, says Hassan Amin

EETC to increase investors’ cost shares in Benban project by 25% each
The Egyptian Electricity Transmission Company (EETC) intends to increase the cost share of each investor in the solar energy project in Benban, Aswan by 25%, a source at the company told Daily News Egypt. Investors were verbally notified of the raise a week ago, the source added, stressing that an official letter will be sent …

2019, year of firms’ adjustment to new economic system: TAQA Arabia
Egypt likely to open its Benban project in February, says Chairperson

Benban solar energy projects see light of day
Plants finally shine in Aswan following years of preparations

Solar energy projects in Benban save youth from unemployment, poverty
We need development, services; sewage is Benban’s biggest problem: residents

International banks demand solar companies to follow security, safety standards to avoid funding suspension
Coming period will witness peak of presence of companies in project site, says El-Khayat

NSA offers Benban investors implementation of double-way project for EGP 67m
Security, safety of workers, 2 most important requirements stipulated by international funding bodies, which carry out inspections to ensure safety measures

Egypt aims to produce 5,651 MW of renewable energy by 2022
Arab, international companies’ contributions to Egypt’s solar, wind power stations reached 93.9%

Enara to complete 3 solar power projects in Benban by Q1 2019: CEO
Operating power projects costs $200m, on net-metering system, independent production

Triple M aims to implement projects worth EGP 100m by end of 2018: chairperson
EPSCO aims to export 20,000 LED torches in Q1 2019

General Roads Authority refuses to bear cost of road adjustment in Benban
Estimated cost of requested road-adjustment ranges between EGP 83m and 95m

XD-EGEMAC establishes four new factories, increasing investments up to $100m
Company plans to export to Middle East, Africa, Gulf countries, says sales manager

Government responds to solar energy investors in Benban, pledges to eliminate obstacles to complete projects
Aswan’s governor met with security director and Hassan Allam to solve logistical and security issues: sources

30 companies to start implementation of solar energy projects in Benban
Thirty companies from Aswan started implementing solar energy projects with the feed-in tariff scheme in Benban, Aswan, after their documents were reviewed by Hassan Allam, who is responsible for managing services at the project site. Hossam Allam, chief executive officer of Hassan Allam services, said that 30 companies from Benban were nominated to work on …

EETC offers tender for establishment of solar park control centre in Benban
5 companies bought prospectus, including Siemens, Schneider Electric

Solar energy companies complain of stalled road construction in Benban
Solar energy investors complained about delays in implementing the main roads and subways at the construction site in Benban, Aswan. They expressed dissatisfaction with the lack of completion of roads comes despite the New and Renewable Energy Authority (NREA) contracting with a private company for implementation more than four months ago. The heads of solar …

Electricity Minister to inaugurate Infinity Solar’s station next week
We aim to expand investment in renewable energy sector, says Mansour