Sixth of October Development and Investment Company’s (SODIC) headquarters in west Cairo will run 100% on renewable electricity by 2020, in a bid to generate clean energy and reduce its carbon footprint, Invest-Gate reports.

Developed over 8,000 square meters, adjacent to Polygon Business Park, SODIC West’s commercial spot, Westown Hub, is witnessing the installation of solar-powered parking sheds, producing enough clean energy to cover 95% of the headquarters’ electricity needs, according to an official statement on July 24.

In its statement, the property developer unveiled that this move is being undertaken in partnership with the Industrial Modernization Center (IMC) and Egypt-PV, in accordance with the United Nations Development Program to develop Grid-Connected Small-Scale Photovoltaic Systems, aiming to boost reliance on solar energy in the industrial, commercial, hospitality, and residential sectors.

Accordingly, SODIC’s headquarters will utilize the net metering system to guarantee the minimum threshold of electricity usage, hence result in maximum use of clean energy, the statement noted.

Magued Sherif, the company’s managing director, stressed, “This investment demonstrates our commitment to creating a positive legacy through sustainable development.”

“By focusing our sustainability initiatives on aspects most relevant to our core operations and interweaving them into our projects, we are able to achieve maximum impact; delivering better solutions for customers, driving operational efficiencies, and maximizing positive impact on the environment,” Sherif added.