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Orascom Development Invests $5.12 Million El Gouna’s Solar Plant In Partnership With SolarizEgypt

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El Gouna is one of Orascom Development’s fully integrated sustainable communities. In partnership with SolarizEgypt, they organized a field trip to the solar plant.

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According to a press release, the solar plant covers 245,000 square meters and produces 14 Gigawatt-Hours annually. It has investments of EGP 97 million.

El Gouna’s sun-generating solar plant is self-consumptive and has a 25-year independent power producer. It can produce 7.128 MWp, which will cover 16% of the town’s electricity needs.

The solar plant generates clean energy that is equivalent to taking around 1187 cars off the roads for 1 year. It also cuts 7,106.6kg of carbon dioxide emissions and saves 2,879.7kg of standard coal plus planting around 384.9 trees.

El-Gouna’s CEO Mohamed Amer said, “Orascom Development has been committed to delivering its vision of creating sustainable, integrated towns for more than 33 years since El-Gouna’s inception. With today’s visit, we affirm our commitment to Egypt’s strategy of maximising the use of renewable energy sources, enhancing the country’s environmental sustainability practices, and adhering to the UN SDGs to guarantee clean energy with affordable prices.”

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Yaseen Abdel-Ghaffar, Founder of SolarizEgypt said, “With a precedent experience of more than 50 MW of projects, SolarizEgypt is the market leader in commercial and industrial solar energy. We are determined to continue pushing for the widespread adoption of solar energy in the Egyptian market and being part of this initiative right ahead of hosting the upcoming UN Conference of Parties on Climate Change (COP27) in Sharm El-Sheikh to discuss the global environmental agenda and the next steps towards achieving sustainable development.”

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