Energy News Today

Lafarge Egypt signs solar energy deal with Lumika Renewables Egypt

Egypt: Lafarge Egypt has signed a US$93m solar energy deal with Lumika Renewables Egypt, a subsidiary of AP Moller Egypt, to produce 140GWh/yr. The agreement is scheduled to become effective by the first quarter of 2024, according to Mist News. Under the terms of the deal the two companies will build a new 50MW solar power plant. This will be the first such plant operated by Lumika Renewables Egypt in the country. The subsidiary of Holcim says it aims to secure a renewable energy supply for 50% of its Ain Al-Sokhna cement plant’s total daily energy consumption.

Read More: Lafarge Egypt signs solar energy deal with Lumika Renewables Egypt

2022-05-13 06:20:20

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
%d bloggers like this: