O&G Exhibition in Africa O&G and P&E Exhibitions in Africa P&E Exhibition in Africa
Back To Home

Martifer to construct 25MW solar project in Egypt

Martifer Solar has announced that it will construct 25MW solar project in Egypt after signing memorandum of understanding (MoU) for a 60,26 ha of land with National Renewable Energy Authority .

According to the government the project will be carried at Minya south of Cairo and the company will use to a feed-in tariff (FiT) program for both solar and wind energy to target 4.3 GW of new renewable capacity to be implemented by 2017.

Martifer Solar which is a subsidiary of Martifer SGPS, and their local partner, EEC Group, were given the contract after successfully biding for the same and they look forward to start the project in few days time.

The government of Egypt is looking into ensuring that they meet their power demand by at least getting 4.3 GW of new renewable capacity to be implemented by 2017.

This program is expected to help the government to reach its ambitious target of generating 20 percent of its energy from renewable sources by 2020.

The 2 GW of utility-scale solar under this FiT program will be constructed among three different land plots made available by the government for the developers. Martifer Solar and EEC Group have been granted land in Minya, which is approximately 245 km south of Cairo and is expected to host around 450 MW of solar PV plants, according to the companies.

Nuno Oliveira, Business Development Manager of Martifer Solar, said, “It is an honor for our consortium to have signed the MoU with NREA.

We anticipate that, once connected, this project will help Egypt to combat its growing power deficit. It is both a challenging and exciting venture to expand the solar business in another new country within Africa, where we believe that our significant international expertise will be the key driver for success in the region.”

Source : constructionreviewonline.com
Posted On: 4/22/2016 12:00:00 AM

Exhibitions in Africa

Advertisements

Place Your Add here
gautamsolar
geothermal_association
tcpak.com
INMESOL POWER SOLUTIONS
Oilserv Limited
POWERSPOT
cargostore.com
Energy environment Engineering

Support

Ask your questions by e-mail: here

OGPE Africa

© 2014-2024 | OGPEAfrica © All rights Reserved
Sitemap | Imp_Links | Media Partners

OGPE AFRICA is an industry leading and most reliable directory, news and trade fair information website for power, energy, oil, gas, coal, nuclear, wind, hydropower and solar sector in Africa. OGPE Africa helps you find suppliers, contract tenders, importers, exporters, buyers, sellers, distributers and manufacturers of petroleum and fuel products, connected plant, distributed energy, pipeline and drilling equipment, power plants equipments, oil well equipment, emergency equipment and vehicles, drilling tools & cables, wires, transformers across Africa in Kenya, Uganda, Tanzania, Nigeria, Ghana, South Africa, Ethiopia, Egypt, Mozambique, Zambia, Zimbabwe, Angola, Morocco, Senegal, Rwanda, Congo.

Get In Touch