Work on 20-MW solar project in Egypt to begin by end-2022 - report
- A project for a 20-MW solar power plant near Hurghada on Egypt's Red Sea shore is making progress with construction readied to start by the end of 2022, newspaper Al-Masry Al-Youm reports, citing sources from the nation's New and also Renewable Energy Authority (NREA).
Egypt's Ministry of Electricity has already finished a technological as well as financial feasibility study and a funding of USD 85 million (EUR 83.06 m) has actually been agreed with the Japan International Cooperation Agency (JIKA) to fund the implementation of the project.
The essential approvals are already in position and also NREA has actually completed the preparatory works on the site north of Hurghada where the power plant will certainly be built, the sources were cited by the paper.
In addition to the Hurghada solar park, Egypt is nearing the completion of an additional large-scale solar project in the Zaafarana area of the Suez Governorate on the Red Sea coast. The 50-MW solar ranch established by a Belectric-CCC consortium is readied to go online in the 3rd quarter of this year, according to an earlier statement by NREA.
