Solar Installer, specialised in solar PV and EPC services, is close to completing the construction of a solar panel plant in the North Suez Gulf Industrial Zone. The plant is scheduled to begin operating by mid-2020 with an annual capacity of 500MW.
Group CEO at Solar Installer, Abdallah Mahgoub, said the company has completed its projects in the Benban Solar Park in Aswan governorate, with a total capacity of 200MW.
Mahgoub pointed out that his company finalised its projects in Benban within seven months. The capacity of the company’s solar portfolio reached 250MW in medium and utility scale projects in 2018.
Solar Installer aims to increase the capacity of this portfolio from 350MW to 1.3GW in 2019/20, after completion of its projects at Benban.
The Benban Solar Park is the largest solar power plant complex in the Middle East and Africa. It aims to increase clean energy production, provide electricity for citizens, create jobs for young people, and prevent 2m tonnes of carbon emissions annually.
According to the Egyptian Cabinet, the Benban project includes 32 solar plants with a total capacity of about 1.4GW, equivalent to 90% of the energy produced from the high dam. The project offered 10,000 direct and indirect jobs.
Solar Installer has participated in the Global Summit on Market Innovation and Development, hosted by Chint Group, China’s leading smart energy solution provider, held in Wenzhou on 9-11 September. It focused on global energy and smart interconnection.