Chinese Firm For 500 MW Distributed PV In Egypt

China Energy Engineering Corporation Subsidiary Wins $287.5 Million EPC Contract For 500 MW Distributed Solar PV Capacity In Egypt
11:15 AM (Beijing Time) - 16. January 2020
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China Gezhouba Group will be building 500 MW of distributed solar PV capacity in Egypt. It also has an EPC contract for a 1,090 MW solar project in Saudi Arabia that it won in November 2019. Pictured is a 257 MW PV Project CEEC completed in Vietnam in June 2019. (Photo Credit: China Energy Engineering Corporation Limited)

Key Takeaways

  • CEEC will be building 500 MW of distributed solar PV generation project capacity in Egypt through its EPC arm, China Gezhouba Group
  • The subsidiary won the contract with a total value of $287.5 million to be completed within three years
  • Projects will be set up across various locations and Gezhouba Group will construct, install and commission the project capacity

Chinese government backed energy infrastructure company China Energy Engineering Corporation (CEEC) or Energy China will be building 500 MW of distributed solar PV power capacity in Egypt after it won an EPC contract for this capacity through its subsidiary China Gezhouba Group Co., Ltd.

In a stock exchange filing dated January 3, 2020, CEEC did not mention the client. The contract value was shared to be approximately $287.5 million.

The 500 MW capacity will come up in multiple locations in the country and it needs to complete the assignment within three years.

As the EPC contractor, the Gezhouba Group will design, construct, procure equipment, install, commission and supply spare parts for the projects.

In November 2019, the EPC division of CEEC won a bid to construct 1 GW Sudair solar PV power generation project in Saudi Arabia to be located in Sudair Industrial City. The project was tendered by the Public Investment Fund (PIF) of Saudi Arabia under the country’s Vision 2030 and the Chinese government’s ambitious Belt and Road Initiative. ACWA Power is also investing in the project.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani