Chinese solar manufacturer LONGi Green Energy Technology says it will supply solar cells worth $500 million for renewable energy projects in Egypt by 2025.
The deal will support LONGi’s strategy to strengthen its footprint in the region’s burgeoning renewable energy sector.
According to Shehab Orabi, LONGi’s key account manager for North and Central Africa, the company aims to deliver between 2 and 2.5 gigawatts of solar cell capacity under contracts with prominent international firms.
Collaborations include a 1-gigawatt supply for Norway-based Scatec, which operates extensively in Egypt, and additional agreements with AMEA Power and the UAE’s Masdar, both of which are expanding their renewable energy portfolios in the country.
Masdar is planning a 4-gigawatt solar power plant in Egypt, and LONGi is set to contribute 1.25 gigawatts of solar cells for this ambitious project, marking a significant milestone in the region’s solar energy development.
Egypt has been accelerating its renewable energy initiatives, with a target of generating 42% of its electricity from renewables by 2035. The country is leveraging projects like the Benban Solar Park and partnerships with international companies to meet its goals.
LONGi’s entry aligns with these objectives and highlights the country’s potential as a renewable energy hub.
Egypt is also positioning itself as a future exporter of green energy to Europe by leveraging its geographic proximity and infrastructure.
