Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Facebook Twitter Instagram
India Edition | South East Asia Edition
Facebook Twitter LinkedIn
Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Renewable Energy StoriesRenewable Energy Stories
Home » Chinese Solar Factory to Open in Egypt with $150mn Investment
Manufacturing

Chinese Solar Factory to Open in Egypt with $150mn Investment

By Lakshita Kapoor Thu, Dec 19th, 2024
UAE’s Quiet Clean Energy Shift
UAE’s Quiet Clean Energy Shift
Share
Facebook Twitter LinkedIn Pinterest Email

Egypt is moving ahead with its renewable energy goals with the construction of a new solar photovoltaic (PV) factory in the Sokhna Zone, part of the Suez Canal Economic Zone (SCZONE). The project is being developed by the Chinese company Elite Solar. Walid Gamal El-Din, Chairperson of SCZONE, attended the ceremony marking the beginning of the factory’s construction in the TEDA Egypt industrial zone.

The factory will specialize in producing N-type solar cells and assembling photovoltaic components, including wafers, cells, and modules. With a planned production capacity of 2 GW, the facility will be built on 78,000 square meters of land. The project represents an investment of $150 million and is expected to create 600 direct jobs. Operations are planned to begin with the first production phase in September 2025.

The agreement for this project was finalized during SCZONE’s promotional visit to China in September 2023. This visit was part of efforts to strengthen cooperation between Egypt and Chinese companies under the support of Prime Minister Mostafa Madbouly.

Elite Solar is an established player in the solar industry, founded in 2005 in China. The company manufactures various solar energy components and operates solar farms and power stations. Its production capacity exceeds 10 GW, with trademarks registered in regions like the United States, Europe, and Saudi Arabia.

Egypt has already implemented other solar projects. The Benban Solar Park in Aswan is one of the country’s largest, with a capacity of 1.8 GW. Another project, the Infinity Solar Plant, has a capacity of 130 MW. These facilities contribute to Egypt’s renewable energy goals, which include generating 42% of the nation’s energy from renewable sources by 2030 as part of its Vision 2030 strategy.

 

China Egypt investment renewable energy Solar Factory
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Lakshita Kapoor
  • Website

Related Posts

UAE’s GSU Plans Solar Plant in Madagascar

July 1, 2025

Egypt Looks to Expand Solar and Smart Grid Plans with China

June 30, 2025

New Cooling Tech Raises Solar Cells Power And Longevity: Study

June 27, 2025

Leave A Reply Cancel Reply

20 + 16 =

Latest News
  • UAE’s GSU Plans Solar Plant in Madagascar
  • Egypt Looks to Expand Solar and Smart Grid Plans with China
  • New Cooling Tech Raises Solar Cells Power And Longevity: Study
  • Sharjah Gas Plant Now Runs on Solar Power
  • Everllence Expands Low-Emission Energy Projects Across the Gulf
Solar News

UAE’s GSU Plans Solar Plant in Madagascar

July 1, 2025

Egypt Looks to Expand Solar and Smart Grid Plans with China

June 30, 2025

New Cooling Tech Raises Solar Cells Power And Longevity: Study

June 27, 2025

Sharjah Gas Plant Now Runs on Solar Power

June 26, 2025
ADVERTISE WITH US

We are the no.1 B2B solar media in India. With SaurEnergy, you have a full menu of options to pick from to reach the largest audience for your products and services.

To get in touch, contact us at info[at]saurenergy.com

Or Call at 9891147599 / 8802315631

Facebook Twitter Instagram YouTube LinkedIn WhatsApp
Latest News
  • UAE’s GSU Plans Solar Plant in Madagascar
  • Egypt Looks to Expand Solar and Smart Grid Plans with China
  • New Cooling Tech Raises Solar Cells Power And Longevity: Study
  • Sharjah Gas Plant Now Runs on Solar Power
  • Everllence Expands Low-Emission Energy Projects Across the Gulf
SAURENERGY NEWSLETTER

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

    [mc4wp_checkbox]

    © 2025 Saurenergy International.

    Type above and press Enter to search. Press Esc to cancel.

    Newsletter Subscription

      [mc4wp_checkbox]