10 GW/h solar power plant was inaugurated in Egypt’s Ain Sokhna

10 GW/h solar power plant was inaugurated in Egypt’s Ain Sokhna

Egypt - Mohamed Shaker, Minister of Electricity and Renewable Energy, inaugurated on Tuesday a solar power plant, with a production capacity of 10 GW/h annually, at the Chinese Jushi’s fibreglass factory in the North-West Gulf of Suez Economic Zone, Ain Sokhna.

The project was implemented through a partnership agreement between Jushi and Inara Capital, a leading renewable energy company, which is one of the economic zone’s partners in green hydrogen projects.

Minister Shaker said that there are great efforts made by the ministry and in coordination with various authorities in this regard to implement the Egyptian state’s strategy in the electricity sector and achieve the 42% target of energy produced from renewable sources, especially solar and wind, by 2035.

The Minister added that the state pays great attention to such projects and cooperates with neighbouring countries in the electrical interconnection, especially what is currently taking place between Egypt, Greece, and Italy, and this confirms that Egypt is a promising market in this field.

He pointed out that the signing of memorandum of understanding for green fuel projects between the Suez Canal Economic Zone, the companies affiliated with the Ministry of Electricity, and The Sovereign Fund of Egypt will contribute to accelerating the pace of