Alcazar to bid for 450 MW solar, wind plants

Dubai’s Alcazar Energy is bidding for two renewable energy tenders — one wind plant and one solar plant — in the West Nile region with a combined capacity of 450 MW, unnamed sources told the local press. This comes a few days after unnamed sources said the company was looking to offload its Egypt assets and is currently in talks with banks. The company completed last year four solar power plants in Aswan’s Benban park with a combined production capacity of 200 MW, and was previously reported to be eyeing USD 500 mn-worth of wind projects in Egypt.