Benban, Egypt

Africa50-Project Finance

The Benban Solar Park site has excellent solar resources and interconnection facilities funded under a cost-sharing agreement. Benban’s links to the infrastructure of the Aswan Dam will help combine hydro, wind, and solar power.

Africa50's Role


Africa50 is a project development and long-term equity partner (25%).

Partners


Development Impact

  • The plants are expected to increase Egypt’s generation capacity, helping to address growing demand.
  • They are also expected to contribute to reducing dependence on imported oil and gas, thereby improving the country’s energy security.
  • 1,000 construction jobs and 62 permanent operations jobs are expected to be created.

Environment

The production of 870 GWh per year of clean energy is expected to avoid 350,000 tons of CO2 emissions, helping Egypt meet its climate commitments. 

Project Photos

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