About Benban solar park Bulgaria
Benban Solar Park is a photovoltaic power station with a total capacity of 1650 MW nominal power which corresponds to an annual production of approximately 3.8 TWh. It is located in Benban (Aswan Governorate) in the western desert, approximately 650 km south of Cairo and 40 km northwest of Aswan.Benban is currently the 4th largest solar power plant in the world.
In September 2014, the project was initiated as part of Egyptian government's Sustainable Energy Strategy 2035.Initially, had aided in finding the best location to establish the solar park. Benban Solar Park located on an area of 37.2 km(14.4 sq mi) which is subdivided into 41 separate plots arranged in 4 rows with each plot range in size from 0.3 km(0.12 sq mi). In September 2014, the project was initiated as part of Egyptian government's Sustainable Energy Strategy 2035.Initially, had aided in finding the best location to establish the solar park. Benban Solar Park located on an area of 37.2 km(14.4 sq mi) which is subdivided into 41 separate plots arranged in 4 rows with each plot range in size from 0.3 km(0.12 sq mi) to 1 km(0.39 sq mi). Each plot will be available to different companies to develop 41 plants. The 41 plants in the Benban solar park will be connected to the high voltage network through four new , which will be constructed on the site by theEgyptian Electricity Transmission Company (EETC). These substations will in turn connect to an existing 220 line, which passes near the Benban Site at a distance of approximately 12 km. At a later stage EETC may also construct an additional connection to the neighbouring 500 kV line.According to measurements reported in the environmental & social assessment reportthe solar site resource is approximately 2,300 kWh/(m -yr). Assuming a peak insolation of 1000 W/mthis translates to a potential plant capacity factor of approximately 26%, i.e. the average capacity will be 26% of the nameplate capacity. If the planned capacity of 1.8 GW is utilized the potential annual energy production will be slightly more than 4 TWh/yr. The Benban Solar Park is a part of Egypt's Nubian Sunsprogram, which is a majo.
On 13 March 2018, ib vogt and Infinity Solar inaugurated the first part of the complex in the presence of the Egyptian Energy Minister, Prof. Dr. With an output of 64.1 , it is also the country's first large-scale photovoltaic power plant. The project obtained financing from for 85% of the debt, with t. On 13 March 2018, ib vogt and Infinity Solar inaugurated the first part of the complex in the presence of the Egyptian Energy Minister, Prof. Dr. With an output of 64.1 , it is also the country's first large-scale photovoltaic power plant. The project obtained financing fromfor 85% of the debt, with the remaining 15% coming from Arab African International Bank [] (AAIB). The German government has provided an Euler Hermes export credit guarantee (ECG), covering the BLB loan. As part of the German foreign trade promotion programme, it thus supports Egypt's goal of meeting more than a third of its energy requirements by 2035 through renewable energies. At the end of January 2019, ib vogt commenced construction of a portfolio of three additional solar power plants with a total capacity of 166.5in Benban, Aswan Governorate, Egypt. The project partners – an international conglomerate consisting of ib vogt, Infinity Solar, Phoenix Energy and BPE Partners – achieved financial close at the end of October. Debt financing amounting to US$146 Million was secured for these projects. For the “BSEP 50” and “MMID 30” installations financing has been provided by the European Bank for Reconstruction and Development (EBRD), the Dutch Development Bank (FMO) and the Green Climate Fund (GCF). The International Finance Corporation (IFC), the (AIIB) and the CDC Group provided the financing for the “Phoenix 50” project. Theled a consortium of , .
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