{"id":79721,"date":"2023-09-26T01:00:53","date_gmt":"2023-09-26T01:00:53","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/09\/26\/egypt-attracts-bids-for-five-renewables-powered-desalination-projects\/"},"modified":"2023-09-26T01:00:53","modified_gmt":"2023-09-26T01:00:53","slug":"egypt-attracts-bids-for-five-renewables-powered-desalination-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/09\/26\/egypt-attracts-bids-for-five-renewables-powered-desalination-projects\/","title":{"rendered":"Egypt attracts bids for five renewables-powered desalination projects"},"content":{"rendered":"

<\/a> Egypt attracts bids for five renewables-powered desalination projects:<\/strong> Seven consortiums have bought the tender and conditions booklet for several planned renewables-powered desalination projects on Egypt\u2019s North Coast from the Egyptian government, a government source told Enterprise Climate.<\/p>\n

What we know:<\/strong> Interested developers \u2014 which include Saudi Arabia's Acwa Power, the UAE's Amea Power, Norway\u2019s Scatec, Japan\u2019s Toyota Tsushi, as well as local players Hassan Allam utilities, Madkour, Infinity Power, and Smart Engineering Solutions<\/a> (SES) \u2014 are looking to snap up bids for up to four desalinations projects to be powered by solar energy projects yielding a combined 250 MW generation capacity in Egypt\u2019s North Coast, with a total estimated price tag of USD 270 mn, our source said. Egypt\u2019s Electricity and Renewable Energy Ministry began accepting tenders for the projects on Sunday, and will keep the process open till Friday, 27 October, Madkour and Amea Power told us, confirming a report by Al Mal<\/a>.<\/p>\n

Expected generation capacity and next steps: <\/strong>The projects will collectively have a desalination capacity of 300k cubic meters per day (cbm \/ d), according to our ministry source. The government will launch tenders for qualified companies for the desalination projects by December, according to the ministry. Local and international companies are currently preparing competitive levelized energy cost bid offers in preparation for submission to the government, according to Al Mal.<\/p>\n

All under a BOO model:<\/strong> The renewables plants will be developed under a build-own-operate (BOO) framework, and Egypt\u2019s government will offtake the clean energy produced from the concentrated solar power (CSP) farms under a 25-year power purchase agreement, according to Al Mal. The government is currently undertaking studies to determine competitive offtake purchase prices to lure in investors, and under plans to later issue green bonds, our source tells us. Egypt already has some 99 operational desalination plants in a country with a total capacity of 1.21 mn cbm \/ d, and has a target to increase its potable water conversion volume to 10 mn cbm \/ d by 2050, Al Mal notes.<\/p>\n

Egypt has more desalination projects in the pipeline:<\/b><\/span> <\/b>Sovereign Fund of Egypt CEO Ayman Soliman <\/span>said last year<\/span><\/a> Egypt intended to sign contracts to build 21 desalination plants in 2023 as part of the first phase of Egypt\u2019s large-scale USD 3 bn desalination program.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt attracts bids for five renewables-powered desalination projects: Seven consortiums have bought the tender and conditions booklet for several planned renewables-powered desalination projects on Egypt\u2019s North Coast from the Egyptian government, a government source told Enterprise Climate. What we know: Interested developers \u2014 which include Saudi Arabia's Acwa Power, the UAE's Amea Power, Norway\u2019s Scatec, […]<\/p>\n","protected":false},"author":1,"featured_media":79722,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[184,244,100,40,11,360,330],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-acwa-power","tag-amea-power","tag-desalination","tag-egypt","tag-enterpriseclimate","tag-infinity","tag-scatec","wpautop","entry"],"acf":{"mongo_id":"1f5e2330-5989-433e-a29a-1e4f3d64d7ff","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/12\/479.jpg","photo_position":"above","related_issue":[79709],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.6971bfd2-e5b0-4b4e-80bd-fc7a7b7fcdf6.mp3"},"yoast_head":"\nEgypt attracts bids for five renewables-powered desalination projects - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/26\/egypt-attracts-bids-for-five-renewables-powered-desalination-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt attracts bids for five renewables-powered desalination projects\" \/>\n<meta property=\"og:description\" content=\"Egypt attracts bids for five renewables-powered desalination projects: Seven consortiums have bought the tender and conditions booklet for several planned renewables-powered desalination projects on Egypt\u2019s North Coast from the Egyptian government, a government source told Enterprise Climate. 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