EDF Renewables and Elsewedy Electric Group have commissioned two solar power plants in Aswan’s Benban solar power park, with a total installed capacity of 130 megawatt peak (MWp) (65 MWp per plant), according to an official statement disclosed by EDF on October 14, 2019.

The Egyptian Electricity Transmission Company (EETC) signed a power purchase agreement (PPA) with Elsewedy Electric to develop, fund, establish, and operate a 50 Megawatt (MW) solar plant in Benban, Aswan, under the terms of the second phase of feed-in-tariff (FiT) program.

El Sewedy Electric is in talks with financial institutions for a loan to fund its 50MW solar power plant project in Benban as part of the feed-in tariff (FiT) program.

Elsewedy Electric Company and the National Contracting Company (NCC) won an electricity tender to construct three electricity lines in Upper Egypt.

The Egyptian Ministry of Electricity and Renewable Energy will announce the companies that have won the tender to supply 250,000 smart meters by the end of January

The Egyptian Ministry of Electricity and Renewable Energy will select between the State Grid Corporation of China and Egypt’s Elsewedy Electric to construct a transmission line from Samalut to Naga Hammadi with a capacity of 500kV.

Siemens Egypt has invested around $8.94b in Egypt's energy sector to boost the country’s power generation capacity by more than 50%.

Elsewedy Electric is currently in the negotiating process, with the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), of obtaining a $75m loan to finance building its 50MW solar power plant in Aswan, Egypt.

Elsewedy Electric, the leading integrated energy solution provider in the Middle East and Africa, is all set to complete the feasibility study for establishing a coal-fired power plant in Egypt in December.