Benban | Egypt Oil & Gas - Part 2
Alcazar Completes 200 MW Solar Plants in Aswan
Alcazar Energy has completed the construction of four solar power plants in the Benban complex in Aswan, with a total capacity of 200 megawatts (MW), Daniel Calderon, Alcazar’s Co-founder and CEO, told Al Borsa ...
Governor Inaugurates Aswan Solar Installation
Four new solar plants in Benban have been inaugurated by Aswan Governor Magdy Hegazy and the Chinese consul in Cairo, Amwal Al Ghad reported. The new plants were constructed by an international consortium made up of f...
UK Providing $97M for the Benban Project
Britain will invest more than $97 million in the Benban Solar Park, the British Embassy announced, according to Al Ahram. The funds are part of the $653 million loan package put together by the International Financial...
Egypt Signs Loan Facility Worth $653M for Solar Plants
The Egyptian government signed 13 agreements with a banking consortium led by the International Finance Corporation (IFC) to fund the construction of 13 solar-power plants with a total capacity of 590 megawatts (MW), ... EBRD, ICD to Provide $57 million for Solar Project
The European Bank of Reconstruction and Development (EBRD) will provide $28.5 million in financing for a solar plant in Aswan, Egypt Oil & Gas reports. The Islamic Corporation for Development (ICD) will provide a ...
ACWA Power to Build Solar Plants in Aswan Province
ACWA Power has agreed to build three solar photovoltaic power plants in Aswan Province, Egypt Oil & Gas reports. The company entered into a Power Purchase Agreement with the government to build the plants under th... Norway’s Scatec to Lauch Solar Projects in BenBan
Norwegian project developer Scatec Solar has signed 25-year solar projects with the government of Egypt. The schemes, all of which are located in the BenBan area near Aswan, were selected by the country’s Ministry of ...
Solar Power Companies Consider Exiting FiT
Seven solar power companies that signed on projects under the terms of the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs, according to Al Borsa. The c... 
