- Developers have been invited to prequalify for 250MW wind project
- Companies invited to submir proposals for photovoltaic (PV) and CSP projects
- Projects will be developed under build own operate (BOO) model
Egypts New and Renewable Energy Authority (NREA) has invited companies to participate in tenders for wind and solar renewable energy projects in the West Nile area of the country.
NREA has invited companies to prequalify for a wind energy project, and submit bids for two solar energy schemes.
For the wind project, developers have been invited to submit prequalification entries for a 250MW wind power project in the West Nile area under a usufruct agreement, under which ownership of the project will be transferred to the NREA by the end of the project term.
Developers will design, finance, construct and own the plant under a build own operate (BOO) contract. The selected developer will sign a power purchase agreement (PPA) with the Egypt Electricity Transmission Company (EETC).
For the first solar project, developers have been invited to submit proposals for the BOO contract to develop a 200MW photovoltaic (PV) plant, also in the West Nile area. As with the wind scheme, selected developer will sign a power purchase agreement (PPA) with the EETC.
Developers have until 2 November to submit bids for the project.
For the third project, developers have been invited to submit bids for a BOO contract to develop a 50MW concentrated solar project (CSP) in the West Nile area. EETC will also sign an offtake agreement with the winning develop to buy the electricity generated for the lifetime of the project. Companies have until 16 November to submit proposals for the 50MW CSP scheme.
The three BOO schemes are running simultaneously with Egypts 4,300MW feed-in-tariff programme. Under the feed-in-tariff programme, Egypt is planning to develop 4,300MW of renewable energy. This is scheduled to comprise of 2,000MW of solar photovoltaic (PV) projects and 300MW of rooftop solar PV projects. NREA and the Electricity & Renewable Energy Ministry is planning to have awarded the contracts for all of the first phase projects by the end of 2016.
MEED reported in June that NREA had signed memorandum of understandings (MOUs) with a number of groups for land allocation for solar and wind projects.