Schneider Electric and Cisco link up to build Egypt’s smart grid – ITP.net

  • Date: 28-Feb-2022
  • Source: ITP
  • Sector:Oil & Gas
  • Country:Egypt
  • Who else needs to know?

Schneider Electric and Cisco link up to build Egypt’s smart grid – ITP.net

Schneider Electric and US-headquartered Cisco are collaborating to build the largest smart grid in Egypt that will utilise artificial intelligence and internet of things technology to manage and support the integration of traditional and renewable energy sources.

France-headquartered Schneider Electric signed the contract, with the Ministry of Electricity and Renewable Energy, to build and transform four control centres for Egypt’s national grid, in 2020. It is part of a wider strategy to create a world-class smart grid network to support the country’s long-term energy needs. Egypt’s Vision 2030 development strategy aims to achieve a diversified and sustainable economy.

“This project supports the Egyptian government’s development aspirations,” said Ayman Elgohary, Managing Director, Egypt, Cisco. “With Schneider Electric, Cisco will help realise Egypt’s vision of integrating sustainable power into its energy mix and becoming an energy hub in the region.”