A 20MW Suez cement factory solar plant is set for construction in Egypt. This came to light following the signing of an agreement for the implementation of the project.
The agreement was signed between Suez Cement Group and Intro Power and Utilities. As per the GP 350m agreement, Intro Power will finance, create and manage the solar plant’s infrastructure.
After receiving the required regulatory approvals, the construction of the solar plant will begin in 2023 and be completed in two years.
Expectations for the 20MW Suez cement factory solar plant
In 2H 2023, the facility will be connected to the public electrical grid. By converting to the usage of renewable energy, the 20MW Suez cement factory solar plant seeks to reduce power prices, while also making a contribution to the reduction of carbon emissions. It will not only supply electricity to the factory until 2043 but also prevent 22,000 tonnes of CO2 emissions annually.
According to Mohamed Hegazy, managing director of Suez Cement Group, renewable energy has numerous economic, social, and environmental advantages. It is abundant and less expensive, and it is a more thoughtful choice for the health of the entire planet. He added, “Without damaging the environment, transitioning to renewable energy lays the groundwork for low-carbon activity and energy security.”
Hegazy also highlighted the company’s goal to reduce net carbon emissions to 400 kg/tonne by 2030. This is equivalent to a reduction of 47% from the base year of 1990. Additionally, he said Suez Cement will continue the process of development in the building materials sector to achieve sustainability.
Suez Cement looking into all options for supplying operations with energy from renewable energy sources
Omar Khorshid, Head of the Technical Sector at Suez Cement Group, said the business is looking into all options for supplying operations with energy from renewable energy sources because cement making is a process that uses a lot of energy.
He emphasized that a key component of the company’s strategy is to increase the usage of clean electricity.
