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.