Somabay & TAQA Arabia inaugurate PV Solar plant

Somabay & TAQA Arabia inaugurate PV Solar plant

Cairo: Somabay and TAQA Arabia celebrate the inauguration of a 5MW PV solar plant in Somabay owned by TAQA Arabia, the full-service energy and utility provider in Egypt. The PV station was inaugurated by Mr. Osama Saleh, Chairman of the Board of Directors of Abu Soma Tourism Development Company, Mr. Ibrahim El-Missiri, CEO of Abu Soma Tourism Development Company, Eng. Khaled AbuBakr, Executive Chairman of TAQA Arabia, and Ms. Pakinam Kafafi, Chief Executive Officer of TAQA Arabia. Both companies also signed a new agreement to build a water desalination & treatment plant to cover the resort’s needs of desalinated water using Solar energy.

The opening ceremony was also attended by Major General Ihab Raafat representing the Red Sea Governor, Mr. Nabeel Al-Amudi, CEO of Olayan Financing Company, Ms. Deema Abughazaleh, Olayan’s representative in Egypt.

The PV solar station’s agreement was signed 9 months ago through which TAQA Arabia was able to successfully execute the project within the assigned time frame. The project aims to generate electricity from solar energy & expand the use of renewables in order to minimize the dependance on conventional electricity at a reduced cost and a higher efficiency as well as minimizing the carbon footprint.

On this occasion, Mr.