Benban ACWA Solar PV Park 3 is a 67.5MW solar PV power project. It is located in Aswan, Egypt. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. Post completion of construction, the project got commissioned in October 2019. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project was developed by Acwa Power and Zhejiang Chint New Energy Development. Zhejiang Chint New Energy Development, Acwa Power Renewable Energy Holding and Al Tawakol Electrical Gila are currently owning the project having ownership stake of 25%, 18.05% and 14% respectively.
Benban ACWA Solar PV Park 3 is a ground-mounted solar project which is spread over an area of 86 hectares.
The electricitiy generated from the plant has offsetted 60,000t of carbon dioxide emissions (CO2) a year.
Development status
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.
Contractors involved
CHINT Group was selected to render engineering procurement construction services for the solar PV power project.
The First National Operation & Maintenance is the O&M contractor for the solar PV power project.
For more details on Benban ACWA Solar PV Park 3, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.
About Zhejiang Chint New Energy Development
Zhejiang Chint New Energy Development Co Ltd (Astronergy) is a producer and supplier of solar equipment. The company offers inverters, transformers, cables, control systems, power distribution cabinets, PV (Photovoltaic) modules and power stations. It builds rooftop, residential, large scale ground mounted, agriculture and aquaculture complementary solar systems. Astonergy provides project design, procurement, construction and maintenance services. The company constructs and operates power stations in China, the US, South Korea, Thailand, Spain, India, South Africa, Philippines and other countries. It operates production facilities in Thailand; Hangzhou and Haining, China. Astronergy is headquartered in Hangzhou, Zhejiang, China.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
