Egypt’s Bold Leap: Two Solar Power Stations to Lead Renewable Energy Charge

Egypt’s Ministry of Petroleum and Mineral Resources shared its goal to construct two solar power stations valued at EGP 1 billion ($20.60 million), funded by the European Union (EU).

These projects show Egypt’s big move toward using more renewable energy like solar power. It also shows that Egypt wants to be a leader in renewable energy and help the environment while meeting its own energy needs.

Construction Leaders: Enppi and Petrojet Take Charge

Enppi and Petrojet, two engineering and construction companies within the petroleum industry, have been entrusted with the implementation of these projects, which are expected to be completed within 11 months.

Project Details: Solar Power Capacity and Investments

The first project, located at Egypt’s Assiut Oil Refining Company, carries a price tag of EGP 550 million and aims to produce 10 megawatts of electricity. Meanwhile, the General Petroleum Company is leading the second project, aiming to generate 6.5 megawatts with an investment of LE 500 million.

These solar initiatives mark a significant step forward in Egypt’s quest for sustainable energy. By diversifying its energy sources and reducing carbon emissions, Egypt is forging a path toward a cleaner and more environmentally friendly future.

WE SAID THIS: Don’t Miss…GovTech Innovation Lab Plans To Promote Egypt’s Startup Scene

Comments
Loading...