EnergyWatch

Egyptian solar farms to be constructed by Scatec Solar

Norwegian solar panel developer Scatec Solar has landed one of the company's largest orders so far. The Norwegian firm will install 400 MW in Egypt.

A small part of Egypt will end up covered in solar panels installed by Norwegian company Scatec Solar. Six solar panels with total capacity of 400 MW will be erected by Scatec over coming years, the company writes Tuesday in a brief to the stock exchange.

The farms will be installed in the wake of a 25-year electricity sales agreement with the Egyptian government, where the price and conditions for selling the electricity from the farms is guaranteed. The farms will be constructed in the northern part of Egypt and will deliver a total 870 GWh of electricity per year. The solar panel farms, developed in Norway, are part of the 2 GW solar power program passed by the Egyptian government in 2015.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs