Construction will start in the second quarter of 2020, with commissioning scheduled for the second quarter of 2021
Held in New Delhi on 31st October, the Second Assembly of the ISA drew the participation of high-profile invitees, ministers and representatives from ISA member countries, officers from international organisations, multilateral agencies, and financial institutions to discuss their specific energy needs.
Mozambique was the top country in the Middle East and Africa region for solar technology tenders recorded in Q3 2019 with three tenders and an 11.1% share, followed by Syrian Arab Republic with three tenders and an 11.1% share and the United Arab Emirates with two tenders and a 7.4% share
Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 243 tenders and a share of 77.4% during Q3 2019, followed by Middle East and Africa
The entities will proceed to sign a long-term power purchase agreement for the projects at USD 2.52 cents/kWh over a time span of 20 years before the end of 2019
The $1.2 billion invested by the Egyptian government and Smart Engineering Solutions will also enable the implementation of a solar project that will result in the construction of five concentrated solar power plants with a combined capacity of 250 MW
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