Egyptalum, Scatec to establish 1,000-MWh solar plant for sustainable aluminum production

Getty Images

As per the agreement, the plant will be built over two phases with a total capacity of 1,000 megawatt-hour (MWh), 500 MWh each

Staff Writer, Arab Finance

February 20, 2024

PHOTO

The Aluminium Company of Egypt (Egyptalum) has signed a cooperation agreement with the Norwegian Scatec to establish a solar power plant for the operation of Nagaa Hammadi Aluminum Smelter Solar PV Park, a statement showed.

As per the agreement, the plant will be built over two phases with a total capacity of 1,000 megawatt-hour (MWh), 500 MWh each.

The project’s first phase will be completed within 18 months as of date of signing, while the second phase will take 24 months.

Under the deal, Scatec will be in charge of developing and financing the project, along with installing the equipment and conducting studies.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.