GE Power Conversion wins a turnkey contract for a 50 MW solar park in Egypt

GE Power Conversion, a subsidiary of US-based GE, has won a turnkey contract for the construction of a 50 MW solar park in Egypt for the Egyptian Electricity Transmission Company. Saudi Arabia-based Fas Energy awarded the contract to GE Power Conversion to provide construction works and a favourable payment scheme to help kick off the project and enhance the plant’s bankability. As per the agreement, GE will provide 4.4 MW solar skids featuring GE’s LV5 1,500 V solar inverters. These highly efficient inverter skids can help improve the annual energy production, thereby increasing the project revenue.

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