Egypt prequalifies groups for 200MW solar IPP

01 February 2016

Photovoltaic (PV) plant will be located in the West Nile of Egypt

Egypt’s New & Renewable Energy Authority (NREA) has prequalified groups to participate in the tender for a 200MW photovoltaic (PV) solar plant.

NREA has shortlisted 32 of the 41 bidding groups which had submitted prequalification entries in October.

 Shortlisted companies for 200MW West Nile PV solar project
Al-Fanar (Saudi Arabia)Orascom Construction (Egypt)/First Solar (US)
EDF Energies Nouvelles (France)Neoen (France)
Absolute Energy (US)SECI Energia (Italy)
Terra Solar (Bahrain)TBEA (India)
Alcazar Energy (UAE), TSK (Spain), Enviromena (UAE)SunEdison (US)
CSI (Canadian Solar) (Canada), Nile Capital (Egypt)Masdar (UAE)
FAS Energy (Saudi Arabia)Infinity Solar (Australia)/ IB Vogt (Germany)
Biotherm Energy (South Africa)Jinko Solar (China)
Acwa Power (Saudi Arabia)Sun Infinite Energy (Egypt)
Total (France), Beltone (Egypt) Saudi Oger (Saudi Arabia)
Enel Green Power (Italy)Diamond Generating (Japan)
Engie (France/UK)Mainstream Renewable Power (Ireland)/Actis (UK)
Scatec Solar (Norway)Acciona Energie (Spain)/Swicorp (Saudi Arabia)
Taqa Arabia (Egypt), Solar Reserve (US)Shapoorji Pallonji (India)
FRV (Spain)Chint Electric Company (China)
Access Power (UAE)/Eren (Egypt) 

The project is one of three BOO renewables projects that NREA is pressing ahead with. In addition to the 200MW PV scheme, NREA is planning to oversee the development of a 250MW wind project and a 50MW concentrated solar power (CSP) project.

All three renewables projects will be located in the West Nile area of Egypt.

Developers will design, finance, construct and own the plants under a BOO contract. The selected developer will sign a power-purchase agreement (PPA) with the Egypt Electricity Transmission Company (EETC).

The three BOO schemes are running simultaneously with Egypt’s 4,300MW feed-in-tariff programme. Under this programme, Egypt is planning to develop 4,300MW of renewable energy. This is scheduled to comprise 2,000MW of solar PV projects and 300MW of rooftop solar PV projects. NREA and the Electricity & Renewable Energy Ministry are planning to award the contracts for all of the first-phase projects by the end of 2016.

MEED reported in September that NREA was finalising the PPAs for its feed-in-tariff on its renewable energy programme and was expecting to reach financial close for the first projects by the first quarter of 2016.

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