GreenEnergy Finland wins significant solar plant deal in Egypt

GreenEnergy Finland wins significant solar plant deal in Egypt

Nov 30, 2016
Renewables & smart grid
Energy production & distribution
Solar energy

GreenEnergy Finland (GEF) and Egyptian Technical Projects Company (TEPCO) have signed a turn key 1,051 MW photovoltaic (PV) plant delivery contract. The value of the contract is approximately EUR 1 million.

GEF will deliver the PV plant as an EPC project (Engineering, Procurement, Construction) that will be installed near Cairo, Egypt. The rooftop PV plant consists of 3755 JA Solar 280 Wp monocrystalline panels, ABB string inverter topology, smart remote control and monitoring functions. The plant is expected to be operational during the first week of May 2017.

The power plant will be engineered in Finland and the majority of the part manufacturing and component assembly will be conducted in Egypt in order to achieve the highest possible localization degree along with the convenient installation services.

GEF is a premium supplier of solar energy solutions. GEF was selected to represent Finland in The European Business Awards, Europe’s largest business competition.

“We deliver fully integrated, renewable B2B energy solutions which are based on PV technology and are fully scalable to meet each client’s needs. This first Egyptian PV market delivery is extremely important and a true door-opener to markets that are at the beginning of huge growth,” Miko Huomo, GEF CEO says.

“Acting as a developer on this venture is preparation for a larger and more comprehensive scheme that will be announced in due time. GreenEnergy Finland has distinguished itself with the most comprehensive, competitive and technically superior offerings and emerged as a natural winner of the contract,” says Hicham Osman, TEPCO Marketing Director.

Source: GEF

Companies in the sector

Green Energy Finland

Solar energy