World’s largest solar developer, SkyPower is showing interest in taking part in new and renewable projects in Egypt.
Egypt’s Prime Minister Ibrahim Mahlab has met early Monday in Cairo officials from SkyPower in the presence of the Egyptian Electricity Minister Mohamed Shaker.
During their meeting, SkyPower’s officials asserted that their company is very keen to take part in carrying out the Egyptian Electricity Ministry’s plans and to build a project to generate new and renewable energy at capacity of 3000 MW within 5 years.
Egypt’s cabinet spokesman Hossam Qawish said Prime Minister Mahlab welcomed the company’s readiness to participate in under-study new and renewable power projects in Egypt.
Moreover, Qawish also referred that the government is studying offers received from a several power firms.
SkyPower is the largest and one of the most successful developers and owners of solar energy projects in the world. SkyPower develops, finances, owns, and operates solar energy projects from the initial stages through to commercial operation.
In addition to securing 24 utility-scale solar power purchase agreements (PPA) in the past five years, SkyPower recently announced a bilateral agreement for 3,000 MW of solar PV projects to be built on the continent of Africa over the next five years. The SkyPower team has built strategic global partnerships with local developers, international leaders, financiers, suppliers, local communities and indigenous peoples to produce hundreds of millions of kilowatt hours of clean electricity.
Since its inception in 2003, SkyPower has grown to over 130 employees, consultants and advisors in 35 global offices, supporting development activities in more than 60 countries.
