Egypt's 200 MW Kom Ombo solar project tender received two bids of less than $0.030 per kWh. The Egyptian Electricity Transmission Company is to review six bids for the scheme, with the lowest being $0.028 per kWh from Spanish developer Fotowatio Renewable Ventures. In a statement issued on Monday, EWEA said that it had been informed by its member companies and other stakeholders in Egypt about the decision not to proceed with the project. The three remaining bidders were consortia EDF-Marubeni-El Sewedy, which offered $0.032 per kWh, and Engie-Orascom and Actis-Enerpal, which offered $0.034 and $0.035 per kWh, respectively.
Egypt's 200 MW Kom Ombo solar project tender received two bids of less than $0.030 per kWh. The Egyptian Electricity Transmission Company is to review six bids for the scheme, with the lowest being $0.028 per kWh from Spanish developer Fotowatio Renewable Ventures. The second-lowest bid was from Saudi energy giant ACWA Power, followed by Norway's Scatec Solar. The three remaining bidders were consortia EDF-Marubeni-El Sewedy, which offered $0.032 per kWh, and Engie-Orascom and Actis-Enerpal, which offered $0.034 and $0.035 per kWh, respectively.