Benban Phoenix Power 1 Solar PV Park is a 63.78MW solar PV power project. It is located in Aswan, Egypt. The project is currently active. It has been developed in single phase. The project construction commenced in 2018 and subsequently entered into commercial operation in June 2019.
Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 63.78 | 63.78 | – | Active | Aswan, Egypt | Phoenix Power 1 |
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Description
The project was developed by Phoenix Power 1. Phoenix Power 1, ib vogt, Infinity Solar Energy and Cedrus Enterprises Holding SAL are currently owning the project having ownership stake of 51%, 23.8%, 23.8% and 1.4% respectively.
Benban Phoenix Power 1 Solar PV Park is a ground-mounted solar project which is spread over an area of 112.26 hectares.
The project generates 156,700MWh electricity and supplies enough clean energy to power 92,187 households, offsetting 69,133t of carbon dioxide emissions (CO2) a year. The project cost is $75m.
The project consists of 187,600 modules.
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By GlobalDataDevelopment Status
The project construction commenced in 2018 and subsequently entered into commercial operation in June 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
ib vogt was selected to render EPC services for the solar PV power project.
ib vogt is the O&M contractor for the solar PV power project.
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.