A consortium of Germany’s Belectric and Athens-headquartered Consolidated Contractors Company (CCC) has been awarded a contract to build and operate a 50 MW photovoltaic (PV) solar plant in Zafarana, Egypt.
The consortium signed the contract with Egypt’s New & Renewable Energy Authority. Egypt’s Electricity Minister Mohammed Shaker attended the signing ceremony in Cairo.
The project will be funded by German Development Bank (kfW).
The project is part of Egypt’s ambitious target for 20 per cent of the total energy produced in the country to come from renewables by 2022 and for this to increase to 42 per cent by 2035.
According to the Egyptian Ministry of Electricity, the Zaafarana solar park will be capable of producing 90,000 MWh of electricity per year. The plant will also employ 50 people in its operational phase.