In North Africa, global power solutions company Schneider Electric is looking to develop a 50MW solar power plant, with the support of the Ministry of Electricity, in Southern Sinai, Egypt, local media Youm7 reported.
The executive manager of the power solutions company and the Egyptian Prime Minister, Sherif Ismail, met on Wednesday to discuss the proposed clean power project.
Efficiency of grid
The executive manager said: “The company is to act as a technical expert and implementer for the project, in cooperation with the Ministry of Electricity; the project will coordinate to raise the efficiency of Egypt’s national grid.”
Schneider Electric said in a statement: “Our continuity in investing in Egypt even through the hard times of the last years is a result of their belief in the importance of investment in Egypt; we are looking forward to pump more investment in Egypt in the upcoming years.”
Egypt to boost generation
In September, the New & Renewable Energy Development Agency (NREA) issued a prequalification notice for the development, construction and operation, under the private sector, of a 250MW wind power project in the west of the Nile Area.
According to the tender notice, selected developers will design, finance, construct, own and operate the wind power farm.
The generated power will be bought by the Egyptian Electricity Transmission Company according to the conditions stipulated in the Power Purchase Agreement.
Youm7 reported that clean power is to make up 20% the country’s energy consumption by 2020.