First of Egypt’s EBRD-financed solar plants goes live in Benban

Infinity Solar’s 30 MW solar power plant, the first of 16 solar plants financed by the European Bank for Reconstruction and Development (EBRD) in Aswan’s Benban solar park, has been completed and connected to Egypt’s national electricity grid, EBRD said on Monday. The plant was co-financed by the Dutch Development Bank (FMO) and the Green Climate Fund (GCF). The 16 plants are expected to generate a combined 750 MW of clean energy once completed, and will “reduce carbon dioxide emissions by 900,000 tonnes a year,” the statement said.