Scatec Egypt, Benban Solar Plants

Benban, Egypt

Africa50-Project Finance

Scatec Egypt is a 400 MWDC portfolio of six utility scale solar power plants, developed under Round 2 of the Egyptian feed-in tariff (FiT) program. The plants are located at the Benban site allocated by the Egyptian government to accommodate 41 FiT projects. The power is sold to the Egyptian Electricity Transmission Company under a 25-year power purchase agreement.

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.

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. 

Press Releases

• First tranche of the 400 MW Benban Solar Power Plant in Egypt Starts Operations
• Africa50 and its partners announce the completion of the 390 MW Benban Solar Power Project in Egypt