• 27+ GW

    of power

    power
  • 3 million M3 day

    of desalinated water

    water

Project

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Benban PV IPP

ACWA Power will to develop, finance, build, own and operate three solar photovoltaic power plants in Benban under Round 2 of the Feed-in-Tariff (FiT) program. The three projects with an aggregate capacity of 165.5 MWp and total investment value of c. US$ 190 million

 

The projects, which are located in the Aswan Province in Benban, will have capacity to generate 67.5 MWp, 70 MWp and 28 MWp individually. The projects are expected to achieve financial close and commence construction by Q4 2017. Once the projects start operations in 2018, they will power 80,000 houses while saving around 156,000 tons of CO2 a year.

KEY FACTS

  • LOCATION
    Aswan Province in Benban, Egypt
  • OFFTAKER
    Egyptian Electricity Transmission Company (EETC)
  • POWER
    120 MW
  • TECHNOLOGY
    Solar PV
  • PROJECT COST
    US$ 190 million
  • COMMERCIAL OPERATIONAL DATE
    Q3 2018
  • ACWA POWER SHARE
    35%
  • OFFTAKE CONTRACT
    PPA-BOO-25 YR
  • OPERATOR
    NOMAC