Eighty five local companies in Egypt aim to implement the services of the solar energy feed-in tariff projects in Benban, Aswan, after the registration of their data and getting approvals to work in the projects by Hassan Allam company, which is responsible for managing services at the projects? location
Hossam Allam, the CEO of Hassan Allam services, said that a tender was launched to implement the external fence of the projects in Benban on an area of 25 sq m, which will be completed within three weeks. The tender was won by companies owned by people from Benban.
He added that 33 companies, among 85 registered to implement the services in Hassan Allam, are owned by the people of Benban.
The companies registered in Hassan Allam handles offering services in the projects? location, including building fences, levelling grounds, providing labourers, and water, and removing and recycling dangerous waste.
Hassan Allam won the tender to manage the services and facilities of the solar energy projects in Benban after a competition with several local and international companies.
The number of the companies taking part in the feed-in tariff projects with their first and second phases is 32, aiming to implement solar energy production projects of a capacity of 1500MW through solar energy plants with capacities ranging 20 to 50MW.
Mohamed Shaker, Egypt?s minister of electricity and renewable energy, told Daily News Egypt that implementing the plants will be completed in accordance with the feed-in tariff system during the first half of 2019. The investments to implement the project are estimated at US$2bn.
According to GTM Research, solar PV in the Middle East and Africa (MEA) will take off in 2019-2020, as big projects come online and Africa heats up.
Demand is expected to grow 170 per cent in 2018, led by Egypt, the UAE and Morocco. Post-2020, the region will mostly see slower, more measured growth to 2023 as tender schemes enter multiple rounds and industry learning and regulatory adaptation catch up.
