The Egyptian cabinet approved 200 mw photovoltaic power generation project

Solar photovoltaic (pv) net news: according to Egyptian media reports, the Egyptian cabinet has approved by Italy's Eni group in Egypt execution and implementation of a 200 mw photovoltaic power generation project.

power transmission company from Egypt, EETC) Sources close to the Egyptian cabinet decided to inform the ministry have the Italian company, and invited them to negotiate sales price of per KWh.

the source also said that Egypt company from private companies to buy photovoltaic power is the highest price 2. 7 cents/KWh, the price in the future, plans to launch in the competitive bidding may decline.

after the Italian government has signed a memorandum of understanding with the Eni group, the construction total installed in Egypt to 1 gw of new energy and renewable energy power plants.

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