Scatec Solar, Africa’s leading solar PV developer, presented international developer perspectives on the Egyptian solar market at MESIA’s annual renewable energy trade mission held from 27th-28th of April 2015. Terje Osmundsen, Senior Vice President introduced participants to unique challenges faced by international developers in the market and also gave potential solutions to the challenges. The challenges included finance, legal and regulatory risks.
The purpose of the Renewable Energy Trade Mission in Egypt organized by MESIA (Middle East Solar Industry Association) was to give a comprehensive outlook on developments in the Egyptian solar and wind market and to review the proposed regulatory framework for developing solar projects in the country. More information on the conference can be seen here.
About Scatec Solar
Scatec Solar is an integrated independent power producer, aiming to make solar a sustainable and affordable source of energy worldwide. Scatec Solar develops, builds, owns and operates solar power plants and delivers power from 219 MW in the Czech Republic, South Africa and Rwanda. The company is in strong growth and has 207 MW under construction in the US, Honduras and Jordan as well as a solid pipeline of projects under development in Africa, Middle East, Americas and Asia.