Scatec Solar and Benban Solar Park in Egypt realizing the largest - - PowerPoint PPT Presentation

Scatec Solar and Benban Solar Park in Egypt – realizing the largest solar PV project in Africa

Morten Langsholdt, Country Manager Egypt December, 2017

Our values

• Predictable
• Driving results
• Changemakers
• Working together

Egypt set to host the world’s largest solar PV park

2

# POWER PLANTS

32

• APPROX. FDI

INFLOW

>3B USD

# FOOTBALL FIELDS

>5000

INSTALLED CAPACITY

1650 MW

AVOIDED GHG EMISSIONS

>2M TONS/YR

Ben Ban Cairo

Scatec Solar – the largest solar investor in Egypt

• Scatec Solar with Egypt’s largest solar portfolio –

the largest contributor in Benban, Upper Egypt:

• Scatec Solar is one of the largest

developers and operators of solar PV plants in Africa

• Active in Egypt since 2014 – local office

acts as regional hub for MENA

• Scatec Solar & Partners in Benban:
• Compliance with Equator Principles and

IFC performance standards

• Unique model of sustainable collaboration

with authorities and other solar PV developers in BenBan

• Water-efficient methods of construction

and operation & maintenance

• 6 projects connecting to grid 2018-2019

3

SCATEC SOLAR PROJECT FACTS

• Capacity: 400 MWp
• Six projects co-located in Aswan area, Upper Egypt
• 25 year PPA signed with EETC
• Project Cost approx. USD 450 mill
• Estimated production: 870 GWh/year
• Debt finance from EBRD, ISDB, ICD, Green Climate Fund
• Major co-sponsors: Norfund and Africa 50
• Will avoid about 350,000 tons of CO2 emissions per year

Our values

• Predictable
• Driving results
• Changemakers
• Working together

Thank you