El Gouna City, one of Orascom Development’s integrated cities in the Red Sea Governorate, has inked a new cooperation deal with SolarizEgypt to develop the second phase of its solar power plant following the success of the initial phase, Invest-Gate reports.

The investment for the second phase amounts to approximately EGP 200 mn, with a capacity of 7.2 MW, doubling the total capacity of both phases to 14 MW.

Moreover, the combined output of the two phases is estimated at around 32,000 megawatt-hours annually. Operations for the second phase are expected to commence by the Q1 of 2024 under a power purchase agreement (PPA) system.

Furthermore, the second phase of the solar power plant represents a strategic step in enhancing infrastructure in El Gouna City and promoting environmentally friendly practices, reaffirming the city’s leading position in the region’s sustainability initiatives.

The environmental impact of the clean energy generated by the two solar power plants over one year is equivalent to removing 2,574 cars from the road, planting 338,371 trees, reducing 11,843 kilograms of carbon dioxide emissions, and supplying approximately 3,047 homes with electricity, significantly contributing to local efforts towards a more sustainable future.

For his part, Mohamed Amer, CEO of El Gouna, expressed his satisfaction with renewing cooperation with SolarizEgypt, emphasizing the city’s growing focus on clean energy.

Yaseen Abdel-Ghaffar, Founder of SolarizEgypt, praised the partnership with El Gouna, highlighting the project’s role in paving the way for a new era of green energy utilization.

Notably, the first phase of the solar power plant, inaugurated in 2022 with investments totaling EGP 97 mn, marked a significant milestone in the collaboration between El Gouna City and SolarizEgypt.