Project will be developed under indepedent power producer model
Developers are working on proposals for the planned 200MW West Nile solar independent power project (IPP) in Egypt.
MEED reported in February that the countrys New & Renewable Energy Authority (NREA) had prequalified groups to participate in the tender for the photovoltaic (PV) solar plant.
NREA invited 32 of the 41 bidding groups that had submitted prequalification entries in October to participate in the tender. Bids are expected to be submitted by 20 June.
| 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) |
| 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 build-own-operate (BOO) renewables schemes 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) scheme.
All three 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 Egypt Electricity Transmission Company (EETC).
The three BOO schemes are running simultaneously with Egypts 4,300MW feed-in-tariff programme. Under this programme, Cairo is planning to develop 4,300MW of renewable energy. This is scheduled to comprise 2,000MW of PV solar projects and 300MW of rooftop PV solar schemes. NREA and the Ministry of Electricity & Renewable Energy are planning to award the deals 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 schemes by the first quarter of 2016.
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