Complete Energy attains $2.8m after finishing 2 solar plants in Siwa, Red Sea

Egypt’s Complete Energy Solutions Company (CES) has attained income worth 50 million Egyptian pounds ($2.8 million) after implementing two solar power plants in Siwa Oasis and Red Sea governorate.

Speaking to Amwal Al Ghad, Mohamed El-Haddad, CES Business Development Team Leader, announced Monday that his company has concluded establishing solar plant in Siwa with total capacity of 10 megawatts.

El-Haddad said that his company also completed a project with capacity estimated at 14 megawatts in the Red Sea, Marsa Alam, Shalateen, and Abu Ramad.

In addition, CES ended up implementing the first solar plant connected to national electricity grid in Toshka for a private sector firm, El-Haddad added.

Complete Energy Solution is expected to achieve income of 150 million Egyptian pounds during the second half of 2017 due to executing a number of projects within the current period.

El-Haddad referred that his company is working on solar power projects whose capacities are ranging between 1 and 50 MW.

In case of plants with capacities of more than 50 megawatts, CES submits offers to firms which execute projects from the Egyptian Electricity Ministry in order to implement part of those plants, he concluded.