Egypt: Arabian Cement Company (ACC) has signed an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish a solar photovoltaic (PV) unit at its Suez plant. The amendment to the agreement aligns with updated regulations recently issued by the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) to encourage and support self-built solar energy projects as Egypt hosts the United Nations Climate Change Conference (COP27) in Sharm El Sheikh.
ACC already generates 20.6MW of power from a solar PV plant, representing 3% of its total power needs and saving 5500t/yr of CO2. Construction of a second site, capable of saving 13,000t/yr of CO2, will now begin in early 2023. The actual commissioning and start-up of operations is expected in September 2023.
“As part of our sustainable development strategy, we are continually assessing opportunities to develop Egypt’s cement industry with projects that integrate sustainable and environment-friendly solutions and renewable energy resources given their significant environmental, social impact and on the economy at large,” said Sergio Alcantarilla, the chief executive officer of ACC.
