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Government purchases electricity from private sector for EGP 400m

The government has purchased electricity from the private sector for EGP 400m until March 2019. Sources at the ministry of electricity told Daily News that the Egyptian Electricity Transmission Company (EETC) and electricity distribution companies across the country are committed to repaying the dues of the companies without delays. The sources explained that the largest …

Mohamed Farag

EETC to increase investors’ cost shares in Benban project by 25% each

The Egyptian Electricity Transmission Company (EETC) intends to increase the cost share of each investor in the solar energy project in Benban, Aswan by 25%, a source at the company told Daily News Egypt. Investors were verbally notified of the raise a week ago, the source added, stressing that an official letter will be sent …

Mohamed Farag

30 companies to start implementation of solar energy projects in Benban

Thirty companies from Aswan started implementing solar energy projects with the feed-in tariff scheme in Benban, Aswan, after their documents were reviewed by Hassan Allam, who is responsible for managing services at the project site. Hossam Allam, chief executive officer of Hassan Allam services, said that 30 companies from Benban were nominated to work on …

Mohamed Farag

Solar energy companies complain of stalled road construction in Benban

Solar energy investors complained about delays in implementing the main roads and subways at the construction site in Benban, Aswan. They expressed dissatisfaction with the lack of completion of roads comes despite the New and Renewable Energy Authority (NREA) contracting with a private company for implementation more than four months ago. The heads of solar …

Mohamed Farag

Benban hosts Egypt’s largest solar power project

For years, Egypt has invested millions to modernise and expand its power capacity and networks. The country has recently been focusing on the expansion of renewable energy projects to meet increasing power demand, diversify the national energy resources, and protect the environment. Although the country’s average level of solar radiation throughout the year is between …

Mohamed Abdel Megeed

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