CAIRO: Schneider Electricity has proposed establishing a solar plant in Southern Sinai with a capacity of 50 megawatts, Youm7 reported Wednesday.
“The company is to act as a technical expert and implementer for the project, in cooperation with the Ministry of Electricity; the project will coordinate to raise the efficiency of Egypt’s national grid,” Schneider official said in the company’s meeting with the Prime Minister.
Egypt’s Prime Minister Sherif Ismail met Executive Manager of Schneider Electric Wednesday to discuss the new projects proposed to be implemented in Egypt.
“Our continuity in investing in Egypt even through the hard times of the last years is a result of their belief in the importance of investment in Egypt; we are looking forward to pump more investment in Egypt in the upcoming years,” said a Schneider release.
Schneider Electric Egypt introduced its “Smart Panel” low voltage switchgear for energy management as a solution for energy needs in the Egyptian market, according to the company’s press release in July.
Egypt’s electricity sector has adopted plans to cover 20 percent of its energy needs from renewable sources by 2020, amid efforts to procure energy for running power plants.
Rolling blackouts in Egypt have become routine in the past few years, especially during the peak usage season in the summer, a crisis largely attributed to fuel shortages.