Industry News

Egyptalum & Scatec to cooperate in construction of new solar power plant in Nag Hammadi

Views : 115
Update time : 2024-02-26 16:15:16
Egypt Aluminum (Egyptalum), the largest aluminum producer in Egypt, has recently signed a cooperation agreement with Scatec ASA, a leading renewable energy solutions provider in Norway, to set up a 1 GW solar power plant in Nag Hammadi town in Egypt to power Egyptalum’s production facilities, whose annual production capacity is 320,000 tons.

The solar power plant, with a total generation capacity of 1,000MW, will be constructed in two phases of 500MWh each. The first phase will be completed in 18 months, and the second one is expected to be finished in 24 months.

Egyptalum said that the construction of the solar power plant is in line with its development plan.
Related News
Read More >>
US dollar weakens amid reports of gradual tariff increases by Trump team US dollar weakens amid reports of gradual tariff increases by Trump team
Jan .15.2025
US dollar weakens amid reports of gradual tariff increases by Trump team
Arrow Minerals accelerating Scoping Study for DSO operation at bauxite project in Guinea Arrow Minerals accelerating Scoping Study for DSO operation at bauxite project in Guinea
Jan .15.2025
Arrow Minerals accelerating Scoping Study for DSO operation at bauxite project in Guinea
HRC price in European market remains stable HRC price in European market remains stable
Jan .15.2025
HRC price in European market remains stable
Stainless steel price in Chinese market recovering Stainless steel price in Chinese market recovering
Jan .15.2025
Stainless steel price in Chinese market recovering