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January 5, 2022

Benban Al Fanar Solar PV Park, Egypt

By Carmen

Benban Al Fanar Solar PV Park is a 50MW solar PV power project. It is located in Aswan, Egypt. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in October 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Active Aswan, Egypt Alfanar Group

Description

The project is developed and owned by Alfanar Group.

Benban Al Fanar Solar PV Park is a ground-mounted solar project which is spread over an area of 0.973 km².

The electricitiy generated from the plant has offsetted 57,000t of carbon dioxide emissions (CO2) a year. The project cost is $74m.

The project consists of 189,200 modules, each with 320W nameplate capacity.

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Development Status

The project got commissioned in October 2019.

Power Purchase Agreement

The power generated from the project is sold to Egyptian Electricity Transmission under a power purchase agreement. The power is sold at the rate of $0.078kWh for a period of 25 years.

Contractors Involved

Alfanar Group is the O&M contractor for the solar PV power project, commencing from the year 2019.

About Alfanar Group

Alfanar Group (Alfanar) is a provider of electrical construction products and EPC solutions for conventional and renewable power projects. The company offers electrical products such as power distribution and control systems, electrical switches and sockets, cables and wires, transformers, and lighting products. Its power distribution and control systems comprises of wide range of low, medium and high voltage products, metal enclosures, substation automation systems, and medium voltage systems. Alfanar also provides construction and engineering services which include power and water works, project management, electromechanical, civil engineering, testing and commissioning, repair and rewind services, and steel fabrication services. It has operations in Saudi Arabia, India, and the UAE. Alfanar is headquartered in Riyadh, Saudi Arabia.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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