Suez Cement Group of Companies (SCGC), a subsidiary of Heidelberg Cement, signs an EGP 350 mn power purchase agreement with Intro Power and Utilities to build a photovoltaic solar power station within the premises of the company’s Suez Plant, Invest-Gate reports.

The new solar power plant will have the capacity to produce 45 gigawatts/hour of energy and offset 22,000 carbon dioxide emissions annually.

The project will deploy solar power systems with a total capacity of 20 megawatts for the Suez Plant, accounting for around 20% of the plant’s total power supply.

“The economic, societal and environmental benefits of renewable energy are numerous – It is available in abundance, cheaper and a healthier option for us and our planet,” Mohamed Hegazy, SCGC’ Managing Director, comments.

Moreover, the construction of the solar power station is scheduled to begin in 2023. The station is slated for operation in H1 2023.

The station will be connected to Egypt’s electricity grid in the second half of 2023. It will supply the Suez Plant with green electricity until 2043.

Intro Group is financing all costs related to the project, including developing, managing, operating, and maintaining the solar photovoltaic station’s infrastructure.

The new station will be on a total area of more than 360,000 sqm.