A firm that delves into the manufacture of carpets and rugs, Oriental Weavers, has joined hands with solar energy solutions supplier, Amarenco Solarize. Under the agreement, Oriental Weavers will employ solar energy to power one of its factories in the Tenth of Ramadan area.
The solar power station of 1.3 MW capacity will aid the firm meet 80% of the energy needs of the factory. This, in turn, will lead to yearly reduction of 2,300 tons of carbon emissions. Oriental Weavers says that it has already been able to achieve a 30% reduction in total emissions by way of energy efficiency projects over the span of the past three years.
Egypt’s Vision 2030 sets out to achieve 42% of power generation from renewables by the end of the decade.
Egypt has expressed its intention to increase the quantity of electricity generated from renewable resources to 42% of the total power generated by 2035; of which wind power is expected to make up 14%, hydropower 2%, photovoltaic (PV) 22%, and concentrated solar power (CSP) 4%. Under this plan, most of this capacity is expected to be delivered by the private sector.