Red Sea Solarize
Sector: Solar • Location: Egypt, Arab Rep.
Source: World Bank Group
Red Sea Solarize is is 5 MW solar power plant located in the Red Sea province, Egypt. The project is initiated as part of the first phase of renewable energy purchase tariff projects.
The venture will be undertaken via Soltag Co., which is a wholly owned subsidiary of Solarize Egypt, for renewable energy projects.
The generated power will be sold to Canal Company for Electricity Distribution. Un
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Red Sea Solarize is is 5 MW solar power plant located in the Red Sea province, Egypt. The project is initiated as part of the first phase of renewable energy purchase tariff projects. The venture will be undertaken via Soltag Co., which is a wholly owned subsidiary of Solarize Egypt, for renewable energy projects. The generated power will be sold to Canal Company for Electricity Distribution. Under the first phase of solar feed-in tariff projects, sponsors shall secure 85 per cent of finance from foreign banks and 15 per cent from local banks. Project achieved financial closure in October, 2016 by tying up funds amounting $6 million. No other details are available on fund providers. http://en.almalnews.com/Pages/StoryDetails.aspx?ID=4926#.WNUcI1V96Uk |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
