Martifer Solar and Egyptian company EEC Group have signed a memorandum of understanding with the National Renewable Energy Authority of Egypt for land to build a 25MW solar plant.
The MoU relates to 60,26 hectares of land in Minya, approximately 245 km south of Cairo, for the project.
The land is ultimately expected to host around 450MW of solar plants.
Martifer Solar will use single-axis trackers and expects construction to start on the 25MW project in the fourth quarter of the year.
All the electricity produced by the plant will be sold through a power purchase agreement with the Egyptian Electricity Transmission Company.
Martifer Solar business development manager Nuno Oliveira said: “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.”
Image: Martifer Solar
