Programme
Benban Solar Park
EgyptRenewable Energy, Solar Energy, Energy Infrastructure, Power Generation
Operational multi-project solar PV programme in Benban, Aswan Governorate, developed under Egypt's Feed-in Tariff framework. The programme comprises multiple separately owned and financed IPP project SPVs with long-term PPAs with EETC, NREA land-use arrangements and shared grid infrastructure. Approximately 1,465 MW of contracted solar capacity under the original programme was fully connected to the national grid by 2019.
Status
OperationalStatus
CompletedProcurement Status
Scale & Capacity
1,465 MWContracted Solar PV Capacity
1.8 GWInitially Planned Capacity
Overview
- Location
- Benban, Aswan Governorate, Egypt
- Delivery Model
- Multi-Project IPP / Feed-in Tariff (FiT) Programme
- Financing
- Multiple Separately Financed Limited-Recourse Project Financings
- Revenue / Payment Model
- Long-Term Power Purchase Agreements (PPAs) under Feed-in Tariff (FiT) Framework
- Contract Term
- Approximately 25-year PPAs
- Scale / Scope
- Multi-project solar PV programme at Benban comprising separately owned and financed private project SPVs developed under Egypt's Feed-in Tariff framework, with approximately 1,465 MW of contracted capacity under the original programme and shared land, grid and public-sector offtake infrastructure.
Participants & Roles
Government Entity / Grantor
Offtaker / Revenue Counterparty
Lender / Financier
Other
- Multilateral Investment Guarantee Agency (MIGA)Political risk Insurer / Guarantor
- New and Renewable Energy Authority (NREA)Landowner / Land Provider