NREA – Hurghada Solar Power Plant 20 MW – Egypt - Project Profile
"NREA – Hurghada Solar Power Plant 20 MW – Egypt - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "NREA – Hurghada Solar Power Plant 20 MW – Egypt - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
New & Renewable Energy Authority (NREA) on behalf of The Government of Egypt (GoE) is planning to build a solar power plant in Hurghada, Egypt.
The project involves the construction of a 20MW solar power plant.
It includes the construction of a storage facility, substation and related infrastructure, the installation of solar panels, generators and transformers, and the laying of transmission lines.
In February 2016, the Japanese government agreed to lend US$86 million for the project.
On August 8, 2016, NREA presented the Japan International Cooperation Agency’s (JICA) offer to finance the project to the House of Representatives. JICA will fund US$91 million towards the project.
NREA planned hold a public tender for the project exclusively for Japanese companies with demonstrable battery technologies. Sumitomo Electric Industries and NGK insulators are two companies that are keen to apply for contracts.
As of April 2017, South Korea is in talks with NREA to fund, if approved, the plant is set to be operational in 2018.
The project involves the construction of a 20MW solar power plant in Hurghada, Egypt.
The US$112 million project includes the following: