Spanish inverter manufacturer Gamesa Electric, a unit of Siemens Gamesa Renewable Energy, S.A., has secured a 400 MW inverter supply contract from Norwegian solar developer Scatec.
The company will provide 66 of its 5MVA PV Solar Power Stations for several projects Scatec is building at the Benban solar complex in Egypt.
Gamesa added its 66 stations will include a total of 132 high efficiency Gamesa E-2.5 MVA-SB-I PV inverters at 1500Vdc. “In addition to two Gamesa Electric solar inverters, each Solar Power Station integrates a step-up transformer and a medium voltage protection switchgear, all integrated within a fully wired interconnected and factory tested ISO maritime container for ease of both field assembly and installation,” it said in a statement released.
Furthermore, Gamesa will supply a power plant controller to coordinate the response of the PV inverters and fulfil the plant's connection requirements according to the country's grid code.
The financial terms of the supply agreement were not disclosed.
Scatec secured the 25-year PPA for the six Benban projects in April 2017. The projects’ aggregate investment is valued at US$450 million, of which between $50 million and $70 million in equity will come from Scatec. The company is also partnering with unnamed local developers and KLP Norfund Investments for further equity investments in the projects.
All of the six projects were awarded by the Egyptian Government in Phase II of the Egyptian FIT program for large-scale renewables, launched in 2014. All projects being developed under this mechanism are awarded a FIT of $0.084/kWh.
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