Cairo 3A signs MoU with Intro to establish a 3MW solar power plant

Cairo 3A signs MoU with Intro to establish a 3MW solar power plant

Cairo: With an investment cost of USD 3 million, Cairo 3A Agriculture Company signed a Memorandum of Understanding with Intro Sustainable Resources to establish a solar power plant on the company’s farms in Wadi El-Natrun. The power plant’s production capacity is expected to be 3 Megawatts. This comes within Cairo 3A Agricultural’s commitment to reach zero carbon emissions by 2025

The memorandum of understanding was signed by Mr. Aly El-Gamil, CEO of Cairo 3A Agricultural Company, and Mr. Hany Helaly, executive partner of Intro Sustainable Resources, on the sidelines of both participating in COP27, held in Sharm El-Sheikh.

Following Egypt's 2030 vision and sustainable development strategy, besides the company's belief in the climate change issue and the need to cooperate to reduce environmental pollution, establishing the solar power plant in the company's farms will expedite the pace of meeting its goal of reaching 0% of carbon emissions ahead of schedule.

“The solar power station will cover the needs of 80% of the energy consumed from the farms which will contribute to saving 4,000 tons of carbon emissions. During the coming period, Cairo 3A will expand the implementation of similar projects at the company's sites, to limit climate change” said Mr. Aly El-Gamil, CEO