Benban Acciona Solar PV Park 3 is a 62MW 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 October 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 62 62 – Active Aswan, Egypt Acciona Energia

Description

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The project was developed by Acciona Energia. The project is co-owned by Acciona Energia and Enara Bahrain SPV, with their respective ownership stake of 50% each.

Benban Acciona Solar PV Park 3 is a ground-mounted solar project which is spread over an area of 97 hectares.

The project generates 130,000MWh electricity thereby offsetting 61,472t of carbon dioxide emissions (CO2) a year. The project cost is $75m.

Development Status

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The project got commissioned in October 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

TBEA Xinjiang Sunoasis was selected to render EPC services for the solar PV power project.

Astronergy was selected as the supplier of the PV modules for the project. The company installed 190,774 modules at the site.

The project is utilising horizontal single axis trackers supplied by STI Norland.

TBEA Xinjiang Sunoasis is the O&M contractor for the solar PV power project.

About Acciona Energia

ACCIONA Energia SA (Acciona) develops renewable energy projects. The Company constructs, operates, and maintains wind farm, photovoltaic, hydroelectric power, and biomass plants. Acciona Energia serves customers worldwide. Acciona is headquartered in Moraleja, Spain.

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.