ACWA Power developed, financed, built, own and operated 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 120 MWp and the total investment value of c. US$ 185 million
The projects, which are located in the Aswan Province in Benban, have the capacity to generate 67.5 MWp, 70 MWp and 28 MWp individually. The projects achieved financial close and commence construction by Q4 2017. Once the projects start operations in 2019, which powers approximately 80,000 houses while saving around 156,000 tons of CO2 a year.