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Benban PV IPP

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

    Q1 2019

  • ACWA POWER SHARE

    35%

  • OFFTAKE CONTRACT

    PPA-BOO-25 YR

  • OPERATOR

    NOMAC

  • NOMAC, Population icon

    2,000 +

    employees across the globe

  • NOMAC, Meter icon

    28,000 + MW

    of power generation

  • NOMAC, Water Meter icon

    5.3 + million m3/day

    of desalinated water production

  • NOMAC, Countries flag icon

    10 + countries

    of global presence

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