Intro Power and Utilities is set to equip cement manufacturer Suez Cement Group of Companies (SCGC) with a 20 MWp solar power plant.
The two inked a purchase agreement (PPA) for the development that will see Intro develop, finance and operate the solar power plant to be sited at Suez Cement factory site in Ain Soukhna in the Suez governorate.
The plant which is set to be operational in 2023, will be connected to Egypt’s national electricity grid. It expected to produce 45 GWh of clean electricity per year, providing 20% of the energy needed to run the Suez Cement plant, emit 440,000 tonnes of CO2 equivalent emissions over 20 years.
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Clean energy
“This plant will not only help us to significantly reduce energy costs, but will also bring us closer to our 2030 target of reducing net CO2 emissions to 400 kg/t, a 47% reduction compared to the 1990 baseline,” explains Mohamed Hegazy, CEO of Suez Cement Group of Companies.
SCGC is one of the main cement producers in Egypt, operating four plants in Ain Soukhna, Kattameya, Tourah and Helwan. The company, which employs more than 1,500 people, was formerly owned by Italcementi, a company based in Bergamo, Italy, which has been part of the HeidelbergCement Group’s company portfolio since 2016. Suez Cement thus joins cement producers who have decided to adopt solar power to reduce their production costs and the carbon footprint of their operations.