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Cairo 3A Agriculture Company, which invested USD 3 million, signed an agreement with Intro Sustainable Resources in order to set up a solar plant on its farms in Wadi El Natrun. The plant will produce 3 Megawatts of electricity. This is in line with Cairo 3A Agricultural’s goal to achieve zero carbon emissions by 2025
On the sidelines of participating in COP27 in Sharm El-Sheikh, the CEO of Cairo 3A Agricultural Company, Mr. Aly El-Gamil, and Executive Partner of Intro Sustainable Resources, Mr. Hany Shelaly, signed the agreement.
The company will be able to achieve its goal of reducing carbon emissions by establishing a solar power plant at its farms, in line with Egypt’s 2030 vision.
“The solar power station will cover the needs of 80% of the energy consumed from the farms which will contribute to saving 4,000 tons of carbon emissions. During the coming period, Cairo 3A will expand the implementation of similar projects at the company’s sites, to limit climate change,” said Mr. Aly El-Gamil, CEO of Cairo 3A Agricultural.
“We are proud that Cairo 3A Agricultural is one of the first companies seeking to produce clean electricity. Signing this MOU with Intro will help reduce costs, and will also bring us closer to our goal of reducing carbon emissions, in line with the direction of the Egyptian government’s vision,” added Mr.El Gamil.
Intro Sustainable Resources will pay all project-related expenses, including maintenance and infrastructure management. This will result in significant reductions in consumption, increase consistency and minimize the negative environmental impact.
It is worth mentioning that Cairo 3A Agricultural Farm is situated on an area of 2,500 Acres, Wadi El Natrun. The facility has one of the most extensive cold storage facilities in the MENA region with a capacity to store 6.6 thousand pallets. This ensures that fresh fruits and veggies remain high-quality. Cairo 3A Agricultural is one of the most important fruit and concentrates exporting companies within Egypt.