Home Power plant Masdar got a 64 MW solar plant in Egypt

Masdar got a 64 MW solar plant in Egypt

Abu Dhabi-based Masdar has received a 64MW PV solar project in Egypt from German renewable energy developer Ib Vogt.

The project was jointly developed, built and has been operated by Ib Vogt, with its partner Infinity Energy.

The companies have also signed contracts of intent about the purchase of Ib Vogt’s share-holdings in three more solar parks also situated in the Benban solar complex in Egypt, which have a combined volume of 166.5MW.

The 64megawatt photovoltaic solar plant was commissioned in 2018 and is located in the Benban solar complex, which contains more than 1GW of photovoltaic solar projects developed under Egypt’s ambitious feed-in-tariff (FIT) programme.

Infinity 50 has a 25-year power purchase agreement.

Ib Vogt managing director Anton Milner said: “We are very pleased to be working together with Masdar and to support their partnership with Infinity in continuing the development of the renewable electricity sector in Egypt.

The Benban solar park is part of Egypt’s plans to develop significant renewable energy sources in the incoming years, having set some of the most ambitious clean energy targets in the Mena region. Cairo has set a goal for 42% of its energy to come from renewable sources by 2035, the second-largest target in the Mena region after Morocco.

Infinity Vogt Services will continue to provide operation and maintenance services for the 230MW portfolio at Benban.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

SNOC begins gas production at Mahani field in Sharjah

Sharjah National Oil Corporation (SNOC) and its partner Italian oil major Eni have pulished the start-up of Mahani-1 gas well, marking the...

India’s Sterling and Wilson wins Acwa’s Egypt solar project

Saudi-based Acwa Power said it has reached an agreement with Sterling and Wilson Solar, a unit of leading Indian construction group Shapoorji...

Al Dahra signs strategic water security agreement with Israel’s Watergen

Abu Dhabi-based Al Dahra Holding Company has signed a strategic partnership agreement with Israeli company, Watergen to create a renewable source of...

ADNOC multi-billion dollar subsea transmission project

The Four groups have submitted binding commercial offers for the planned high-voltage sub-sea transmission project to connect Abu Dhabi National Oil Company’s...