Elsewedy Benban Solar Plant
Sector: Solar • Location: Egypt, Arab Rep.
Source: World Bank Group
The project entails the construction and operation of a 50 MW solar farm in Benban, Aswan governorate in Upper Egypt. The installation was selected in Round 2 of Egypt’s FIT scheme and will sell power to local utility Egyptian Electricity Transmission Company (EETC) under a 25-year contract. The solar park will be located at the 1.8 GW Benban solar complex. This is the second 50 MW solar plant tha
- Status
- Prospective
- Sector
- Solar, Car parking, Raw Materials, Power Generation (CCGT), Government, Manufacturing (Industrial), Power Transmission, Automotive, Commercial
- Location
- Egypt
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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 and operation of a 50 MW solar farm in Benban, Aswan governorate in Upper Egypt. The installation was selected in Round 2 of Egypt’s FIT scheme and will sell power to local utility Egyptian Electricity Transmission Company (EETC) under a 25-year contract. The solar park will be located at the 1.8 GW Benban solar complex. This is the second 50 MW solar plant that is being developed by the two sponsors in Benban FiT scheme, round 2. EDF Energies Nouevelles, an EDF Group company, and the Egyptian manufacturing company Elsewedy Electric are sponsoring the project. This is a greenfield project initiated on a BOO basis with a predetermined tariff rate. Project is being financed by the European Bank for Reconstruction and Development (EBRD) and Proparco in equal amounts - $27.75 million each. The remaining cost is covered with equity ($18.5 million). Total investment in the plant is estimated at around $74 million. https://ijglobal.com/data/transaction/38188/elsewedy-benban-solar-pv-plant-50mw |
Original sector | Energy |
Budget |
Location
Country | Egypt |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Car parking, Raw Materials, Power Generation (CCGT), Government, Manufacturing (Industrial), Power Transmission, Automotive, Commercial |
Article published date | 2024-09-22 |
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