AIKO Seals Landmark 1.2 GW Module Supply Deal for Infinity Power’s Nefer Menya Solar Project in Egypt

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AIKO Seals Landmark 1.2 GW Module Supply Deal for Infinity Power’s Nefer Menya Solar Project in Egypt

CAPE TOWN, South Africa
June 17th, 2026

AIKO, the global leader in all-back-contact (ABC) solar technology, has been selected as the sole photovoltaic module supplier for Egypt’s Nefer Menya solar project by developer Infinity Power, the largest African pure-play renewable energy provider, with the announcement made at the Africa Energy Forum (AEF) in Cape Town. The project is financed by the European Bank for Reconstruction and Development (EBRD), reinforcing its strong bankability and alignment with international climate finance frameworks.

Located in Minya Governorate, the Nefer Menya utility-scale solar complex is a cornerstone of Egypt’s national renewable energy strategy, which targets 42% clean power by 2030. The project will deliver 1.2 GWp of solar PV capacity integrated with 600 MWh of battery energy storage. Once operational, it is expected to supply electricity to approximately 1.4 million homes and avoid around 1.6 million tonnes of CO₂ emissions annually. It also demonstrates continued progress toward Infinity Power’s objective of operating 10 GW of renewable energy capacity across Africa by 2032.

Nefer Menya site presents extreme desert operating conditions — high solar irradiance, elevated temperatures, and persistent sand abrasion — demanding modules with exceptional thermal resilience and long-term energy yield. Following rigorous technical and financial due diligence, Infinity Power selected AIKO’s All-Back-Contact (ABC) modules. The higher power density of ABC technology reduces the total number of modules required for the project, along with associated balance-of-system (BOS) components such as mounting structures, cabling, and labour. These savings directly lower the project’s levelized cost of energy (LCOE), improve internal rate of return (IRR), and keep total capital expenditure (CAPEX) within planned budgets. ABC technology also delivers stable, bankable performance over the full 25-year asset life, even under Egypt’s harsh desert conditions.

Omar Magdy, senior procurement manager at Infinity Power, commented: “This project pushed us to look beyond standard module specifications. AIKO demonstrated not only superior technical performance but also a deep understanding of the operational challenges unique to this region. Their ABC technology gives us the confidence to deliver long-term, reliable generation at scale.”

Justin Yuan, President of Overseas Sales at AIKO, said: “The MENA region is one of the world’s most dynamic clean energy frontiers. Securing the Nefer Menya LOA was already a strong vote of confidence, and the AEF platform in South Africa provides an ideal stage to present this milestone partnership to the global community. This cooperation opens the door for joint development of future PV and energy storage projects across the region. AIKO’s ABC technology is purpose-built for extreme desert climates, delivering robust, high-yield generation that will support our partners’ expanding project pipelines for decades to come.”

The Nefer Menya contract strengthens AIKO’s position in Africa’s utility-scale PV segment and establishes a high-visibility reference case for ABC module deployment in desert solar parks. Once operational, the project will supply clean electricity to hundreds of thousands of Egyptian households, avoid substantial CO₂ emissions each year, and advance Egypt’s energy transition goals.