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TerniEnergia Acquired an Order to Construct 47MW PV Project in Egypt

Published on 20 May 2016
AlgoWatt 
TerniEnergia has been acquired an order worth of approximately $19.2 million for the construction in Egypt of an industrial scale photovoltaic plant for a total capacity of 47MW.

The plant will be installed in locations Benban about 900km from Cairo on an area of about 150 hectares. The order includes the EPC (engineering, procurement and construction) activities without the supply of PV modules and inverters. In the construction site will be active more than 250 workers. The project involves the use of the be 3Sun panels (Made in Italy, in Catania) mounted on steel structures.

In addition, the Company announces that it has signed an energy efficiency lighting contract with the TPF formula (third party financing) shared savings, worth about Euro 0.6 million on behalf of a leading cement italian player. The intervention, of which TerniEnergia will also manage the "turnkey" EPC, will be performed on a plant in Lombardy and will provide for the replacement of 4,497 traditional lighting points with 2,853 new LED lighting units of the latest generation, with an expected savings of about 1GWh/ year.


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