Upper Egypt solar photovoltaic project
Name and Location
Upper Egypt solar photovoltaic (PV) project.
Client
Egyptian Company for Solar Energy Development (ECSED), a subsidiary of Elsewedy.
Project Description
The project involves the development of a 50 MW (peak) solar PV power plant, as part of the solar and wind energy projects phase of Egypt’s feed-in tariff programme.
Value
About $75-million will be invested in the project.
Duration
Not stated.
Latest Developments
ECSED has signed a memorandum of understanding with the New and Renewable Energy Authority to access the one-million square metres of land required for preliminary studies and technical measurements on the project.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Elsewedy investor relations manager Tarek Yehia, tel +20 2 27599700/701 or email tel +20 2 27599746.
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