Fraunhofer ISE Current Study Reveals: Renewable Technologies Competitive in Egypt
The first installation at MIT Talegaon Campus out of a total capacity of 4 MW. This system is synchronised with DG set and will control the output of solar as per load and DG reserve capacity using a special controller. It is a great honour to be working as the Lead Consultant for this entire project...Amit Rane
As commissioned by the German embassy in Cairo, the Fraunhofer Institute for Solar Energy Systems ISE, in cooperation with SolarizEgypt, has calculated the electricity generation costs (LCOE) for renewable technologies and conventional power plants in Egypt. The results were published in a study and presented at a workshop at the German Science Centre Cairo. The calculations of Fraunhofer ISE show that electricity from wind and ground mounted PV systems in Egypt is already competitive today and, in part, less expensive than gas power plants and diesel generators. With an improved financial situation for renewables and the removal of fossil fuel subsidies, renewable technologies can become cheaper than conventional power plants and thus increasingly competitive….
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