!— Google Analytics —> <!— End Google Analytics —>
Arabian cement is planning to implement energy saving measures at its production facility in Suez Governorate. The company signed a Power Purchase Agreement with SolarizEgypt for the installation of a new Solar PV system at its facility.
Arabian Cement Company (ACC) is a leading cement producer in Egypt, it produces approximately 6% of Egypt’s production, and is ISO 9001 and ISO 14001 certified.
Arabian Cement Company has signed a Power Purchase Agreement with SolarizEgypt. The plan is for SolarizEgypt to install and own a PV power plant with a total installed capacity 5,950 kW, with which ACC is expecting to reduce their electricity bills expenses and may sell any excess/unutilized electricity surplus to the grid through the current net metering regulations. The project will provide significant environmental benefits through utilizing the available land space available at Arabian Cement plant located in Ain Sokhna to produce green energy.
The GEFF team provided support to SolarizEgypt throughout various phases of the project by providing technical and economic assessment of the operational benefits associated with the new PV system they are planning to install for their client.
The EGP 70,873,119 investment allows Arabian Cement to reduce 4,035 MWh per year of primary energy, which will help the company save production cost and secure a clean energy source.
The reduction of greenhouse gases associated with this investment is estimated 7,671 tonnes of CO2 emissions per year, a valuable contribution to mitigating the negative impacts of climate change.
GEFF Egypt was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union Neighbourhood Investment Facility.