Egypt: DFIs rally to support massive solar development


In depth
Issue 346 - 19 May 2017 - By John Hamilton | 4 minute read

A host of development finance institutions (DFIs) are lining up to support approximately 1.5GW of solar photovoltaic projects in the second round of Egyptian Electricity Transmission Company’s solar feed-in tariff (FiT) programme. Many of the 33 candidate projects that are still in the running are expected to reach financial close in August or September, before a 27 October deadline. The Benban solar park in Upper Egypt, where the projects will be located, will become the largest installation of its kind in the world and will raise hopes of establishing a commercially competitive solar industry in the country.

Tagged with:

Pin Power

Pin Egypt

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register