SkyPower ...... sees growth prospects for solar projects in Egypt
SkyPower in talks to build Egypt solar plant
CAIRO, February 25, 2015
SkyPower, one of the largest solar plant developers in the world, is in talks with Egyptian authorities to build a project that can generate 3000 MW of renewable energy within 5 years, said a report.
The company officials also expressed interest in taking part in an under-study on the new and renewable power projects in the country during talks with Egypt's Prime Minister Ibrahim Mahlab, reported amwalalghad.
During the meeting, SkyPower's officials asserted that they were keen to take part in key projects in line with the Egyptian Electricity Ministry’s future strategy. The meeting was held in the presence of the Egyptian Electricity Minister Mohamed Shaker, said the report.
SkyPower develops, finances, owns, and operates solar energy projects from the initial stages through to commercial operation.
In addition to securing 24 utility-scale solar power purchase agreements (PPA) in the past five years, SkyPower recently announced a bilateral agreement for 3,000 MW of solar PV projects to be built on the continent of Africa over the next five years.