EDF Renewables and the ELSEWEDY ELECTRIC Group announce the commissioning of two solar power plants in Benban, Egypt, for a total installed capacity of 130 MWp. These photovoltaic projects, co-owned by the two partners, benefit from a 25-year electricity sales contract (PPA), concluded with the Egyptian Electricity Transmission Company (EETC). These new commissionings are part of the EDF Group's CAP 2030 strategy, which aims to double, between 2015 and 2030, its renewable capacities in France and around the world to bring them to 50 GW net.
The solar power plants, with a capacity of 65 MWp each, are installed in the province of Aswan in the south of Egypt. They are an integral part of the Benban solar complex which will soon total nearly 1,800 MWp. These new solar capacities contribute to the achievement of the Egyptian government's objective of producing 20 % of renewable energy by 2020.
These two projects were developed as part of the second phase of the national electricity feed-in tariff program launched by the Egyptian government. They benefit from financing from the European Bank for Reconstruction and Development (EBRD) and Proparco.
Through these new commissionings in Egypt, EDF Renewables is strengthening its positions on the North African solar market with installed global capacity which now reaches 2.5 GW. The company already has 180 MWp of installed photovoltaic capacity in the region and 800 MW to be built as part of the innovative Noor Midelt I hybrid solar project, won in Morocco last May.
Bruno Bensasson, Executive Director of the EDF Group in charge of the Renewable Energy Sector and Chairman and CEO of EDF Renewables, declared:
“We are proud to participate in the realization of the large-scale Benban solar complex with the commissioning of these two plants. After the opening of our Cairo subsidiary, this is an important step in the development of EDF Renewables in Egypt and more broadly on the renewable market in North Africa.”
[1] Power expressed in MWp or Megawatt-peak. The peak watt (Wp) is the unit of measurement of the power of a solar panel. It corresponds to the delivery of an electrical power of 1 Watt, under good sunlight and orientation conditions.
[2] As of June 30, 2019
OF RENEWABLE EDF
EDF Renewables is an international leader in renewable electricity with an installed capacity of nearly 12.5 GW gross worldwide. Its development is mainly focused on wind power and photovoltaic solar power. Mainly present in Europe and North America, EDF Renewables continues its development by taking a position in promising emerging markets such as: Brazil, China, India, South Africa and the Middle East. The Company, which is strongly positioned in the offshore wind sector, is also present in other renewable energy sectors such as energy storage. EDF Renewables ensures the development and construction of renewable energy projects as well as their operation and maintenance, for its own account and on behalf of third parties. EDF Renouvelables is the subsidiary of the EDF group dedicated to the development of solar and wind energy.
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