- Alcazar Energy commissioned their 64Mw Solar Pv Project in Benban, Egypt.
- It is one of four solar pv projects totalling 256 MW they are developing at Benban in Egypt.
- The projects form part of the 1.65 Gigawatt Benban Solar Park, a mega project aiming to incorporate 41 solar farm on a 37.2 square kilometre area.
Alcazar Energy, an independent developer and power producer focused on mid-market renewable energy generation across the META region (Middle East, Turkey and Africa), has commissioned their 64Mw Solar Pv Project in Benban, Egypt.
The project is one of four projects that Alcazar Energy is developing in Benban which total of 256 MW. The project was built at a cost $68.6 million, financed through loans from the IFC, Asian Infrastructure Investment Bank, African Development Bank Group and CDC group, as well as equity from Alcazar Energy. EPC was carried out by a TSK and Enviromena joint venture.
Alcazar Energy’s head of delivery and operations, Daniel Lancha, revealed that more than 2,000 direct and indirect jobs are expected as the company builds the four solar projects. With the first one complete, the firm is now pushing for a commercial operation date of February-end for the remaining three ongoing projects.
“Twenty-one different contractors and subcontractors were appointed on the project, 16 of which were Egyptian companies,” Mr Lancha added. “At its peak, the AEES1 project employed 685 people, 274 of whom were from the local communities and 286 from the rest of Egypt.”
Commenting on the development, co-founder and chief executive officer of Alcazar Energy, Daniel Calderon, said AEES1’s completion marks “an important milestone” for the firm. “Our four projects in Egypt, together with our portfolio in Jordan, will bring us to a combined capacity of 411 MW in the region,” he continued.
Benban Solar Park is one of the largest solar Pv developments in the world. Once complete it will have an estimated 41 solar farms on a 37.2 square km area and will churn out a staggering 1.65 Gigawatts. Read more
Author: Bryan Groenendaal
