Egypt

Lafarge Egypt, Lumika Renewables Egypt pen $93m green deal

Published on : 2022-05-19

Mubasher: Lafarge Egypt, a member of Holcim Group, has inked a long-term contract worth $93 million with Lumika Renewables Egypt, a subsidiary of AP Moller Egypt, to supply electricity through solar cells.

The two parties will collaborate to convert 50% of the factory’s daily energy consumption to clean energy, according to a recent press release.

The partnership comes in line with Holcim's vision to promote the use of green renewable energy and reduce carbon footprint.

Najib Ribi, Industrial Director at Lafarge and Member of Holcim, said: “[The contract] aims to supply Lafarge Egypt with approximately 140 GWh worth of electricity generated through solar cells per year."

Ribi added: "The contract is expected to take effect in the first quarter (Q1) of 2024.”

In 2021, Lafarge Egypt introduced new products of EcoLabel with lower CO2 emissions and increased use of recycled materials.

Abu Qir Fertilizers Joins Egypt's Green Hydrogen Revolution: MoU with ABB International & MPS Infrastructure

Minister of Petroleum and Mineral Resources, Tarek El Molla, presided over a significant milestone in Egypt sustainable energy journey as he witnessed the signing of a Memorandum of Understanding (MoU) between Abu Qir Fertilizers Company, ABB International Group, MPS Infrastructure Company, and Petrojet.

British Steel Secures Significant Rail Supply Contract in Egypt

British Steel, a prominent UK company, has secured a lucrative multi-million-pound contract to supply rail infrastructure for a significant new route in Egypt.

Egypt Set to Launch Solar Power Station at ASORC

Enppi and Petrojet, leading entities in engineering, contracting, and construction within the petroleum sector, have been entrusted with executing a solar-powered electric generation station project, generating 10 megawatts, at the Assiut Oil Refining Company (ASORC)