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Italian Energy Company to Build Solar Power Plant in Egypt

June 1, 2016

Italian energy company TerniaEnergia has secured an order worth approximately USD 19.2 million for the construction of an industrial-scale solar power plant in Egypt with a total capacity of 47 megawatts. The company acquired the order on behalf of “an Italian leading utility,” the renewables, energy efficiency and waste management firm announced in a statement on 19 May. The solar park will be constructed at a location in the Benban area of Aswan, situated roughly 900 km from the nation’s capital. Covering approximately 150 hectares, the plant will be using Italian-made 3Sun solar panels mounted on steel structures. The plant would help Egypt expand its energy options after suffering from severe shortages resulting in years of rolling blackouts during peak consumption hours. Solar energy has been hailed as Egypt’s best bet when it comes to renewable energy sources and the country has initiated a number of projects in recent years to enhance its solar energy capacity. In December last year, the European Bank for Reconstruction and Development (EBRD) announced that it allocated USD 500 million to support Egypt’s solar energy program in 2016. Many of the projects would be located…


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