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Alfa Solar Benban Plant

Sector: Power Generation (CCGT) • Location: Egypt, Arab Rep.

Source: World Bank Group

Project
Active

The project entails the construction, development and operation of a PV solar plant, located in Ben Ban, Aswan governorate in Upper Egypt. The total output is 50 MW. Al Fanar is developing the project under a BOO modality.

The project is being developed within the country's feed in tariff (FIT) round two program. Egypt’s Electricity and Transmission Company will purchase power from the projects

Status
Prospective
Sector
Power Generation (CCGT), Solar, Commercial, Government
Location
Egypt
Updated
22 Jul 2026
Source
World Bank Group

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The project “Alfa Solar Benban Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Egypt, Arab Rep.. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the construction, development and operation of a PV solar plant, located in Ben Ban, Aswan governorate in Upper Egypt. The total output is 50 MW. Al Fanar is developing the project under a BOO modality. The project is being developed within the country's feed in tariff (FIT) round two program. Egypt’s Electricity and Transmission Company will purchase power from the projects under 25-year power purchase agreements. The required investment is estimated at $74 million and is being funded via debt and equity - $57 million and $17 million, respectively. Project finance closed on October 31st, 2017. EBRD and Islamic Corporation for the Development of the Private Sector (ICD) will provide USD28.5 million each. https://ijglobal.com/data/transaction/38189/alfa-solar-binban-pv-plant-50mw Alfanar Energy is not in sponsors' list.

Original sector

Energy

Budget

Location

Country

Egypt

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Solar, Commercial, Government

Article published date

2024-06-03

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