Following the great success of its first edition, Advanced Conferences & Meetings is proud to announce the launch of the 2nd Annual Solar Projects Egypt conference, held on 6-7 September in Cairo.
Under the patronage of the New and Renewable Energy Authority (NERA), the 2nd annual Solar Projects Egypt will address progress updates on the successful financing, designing and construction of solar plants in Egypt under its Solar FIT program.
The 2nd annual Solar Projects Egypt conference program has been put together with the assistance of a high-level advisory board, which features representatives from the Ministry of Investment, LOGIC Management Consulting and Orascom TMT SAE. The advisory board members are bringing together their combined expertise to develop topics that are highly relevant to achieving Egypt’s renewable energy objectives.
A glimpse on Egypt’s growing renewable energy market
The vision for Egypt is to increase its share of renewable energy by 2020.
The Egyptian government invited local and international companies to participate in a feed-in tariff (FIT) PV program, which was launched to achieve the target of 4,300 MW of electricity generated by solar and wind energy by 2017. An MoU was recently signed in Sharm El-Sheikh’s Economic Summit in March for producing 50 MW in the Benban area and more MOUs are expected to be finalized this year. There are also immediate plans for 2 GW to be installed over the next two years up to 2017 and a further 9,000 MW of solar planned until 2022.
With the financial close of the first round expected in October 2016, the government institutions, developers and industry stakeholders will need to discuss a number of key issues including the provision of utilities (roads, water and other infrastructure necessities), currency and risk mitigation strategies, as well as security and staff accommodation requirements.
The 2nd Annual Solar Projects Egypt will bring the value chain to discuss updates from 2015, key issues in the lead-up to the financial close for the 2.3 GW solar Fit program including permits, logistics, grid connection, water and security needs, strategies to ensure the successful delivery of the program and insights on the second round of the Solar Fit program.
For further information about the conference, please visit www.solarprojectsegypt.com
Photo Credit: flicker