Back to the complete issue
Tuesday, 8 November 2022

Arabian Cement Company inks PPA for phase two of solar plant

Arabian Cement Company signs new PPA for Suez facility solar plant: Egypt’s Arabian Cement Company (ACC) signed a PPA with utility firm Amarenco SolarizEgypt (ASE) for a 13.2 MW second phase of its solar plant in Suez, Egypt according to a company press release (pdf). The new phase will see investments between EGP 170-190 mn, SolarizEgypt Managing Director Yaseen Abdelghaffar tells Enterprise Climate.

The details: The second phase of the project will bring the solar plant’s total capacity to 20.6 MW. The project should be completed and brought online by September 2023.

Emissions savings: The new phase will eliminate some 13k tons of CO2 per year of emissions, in addition to the current savings of around 5.5k tons per year of CO2 emissions out of phase one, the statement says.

ACC wants more green energy: Phase 1 of the project generated some 3% of ACC’s operational energy needs. The addition of the second phase — which will use bifacial solar cells and solar energy tracker technology — could generate 10% of ACC’s total energy needs, Abdelghaffar tells us.

Enterprise Climate is available without charge thanks to the generous support of HSBC (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; and Infinity Power (tax ID: 305-170-682), the leading generator and distributor of renewable energy in Africa and the Middle East. Enterprise Climate is delivered Mon-Thurs before 4 am UAE time. Were you forwarded this copy? Sign up for your own delivery at climate.enterprise.press. Contact us on climate@enterprisemea.com.