Egypt, China Collaborate on PV Facility

Egypt, China Collaborate on PV Facility

The Egyptian Minister of Military Production, Mohamed Saeed Al Asaar, witnessed the signing of a Memorandum of Understanding (MoU) between the ministry, China Electronics Technology Group Corporation (CETC), and Al Fath Group to construct a solar panel factory, reported Al Masry Al Youm.

The MoU addresses mutual cooperation between Egypt and Chines on the development of a factory to produce photovoltaic (PV) cells in Egypt, beginning with the extraction of silicon from white sand and producing solar energy units with a capacity of 1 GW annually. The project will boost Egypt’s green energy capacity with the aim of suppling 22% of the country’s energy with renewable power. This will enable Egypt to possibly export excess power to African and Middle-Eastern markets, according to  Al Youm 7.

Sarah Samir 2786 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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