Benban Scatec 5 Solar PV Park is a 65MW 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 August 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 65 | 65 | – | Active | Aswan, Egypt | Scatec |
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Description
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The project was developed by Scatec. The project is currently owned by Scatec with a stake of 51%, Africa50 Infrastructure Fund with a stake of 25% and KLP Norfund Investments.
Benban Scatec 5 Solar PV Park is a ground-mounted solar project.
The project cost is $78.5m.
Development Status
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By GlobalDataThe project got commissioned in August 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. The contracted capacity is 50MW.
Contractors Involved
Scatec was selected to render EPC services for the solar PV power project.
LONGi Solar Technology was selected as the supplier of PV modules for the project.
Gamesa Electric supplied its Gamesa E-2.5 MVA-SB-I PV Inverter inverters to the project site.
Scatec is the O&M contractor for the solar PV power project.
About Scatec
Scatec ASA (Scatec) is an integrated independent producer of solar power that develops, builds, owns and operates solar power plants. The company conducts project origination and development, project financing, design and engineering, procurement and construction management, operation and maintenance, and asset management. Scatec has solar power plants in operational and under construction in South Africa, Egypt, Malaysia, Brazil, Argentina, Honduras, Ukraine, Jordan, Mozambique, Czech Republic, and Rwanda. The company also has a pipeline of projects under development in Africa, Latin America, Europe and Central Asia, and South East Asia. Scatec is headquartered in Oslo, Norway.
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.
