PV Hardware (PVH) is celebrating a major expansion of its presence in Africa with a 230MW project in Egypt, a pioneer in the area, which will revolutionize the renewable energy landscape in the country. The company is already supplying the Kom Ombo project, which will provide clean and sustainable energy to the Egyptian people, marking a significant milestone in the company's journey towards a more sustainable future.
The project is being developed by ACWA Power with the support of the Chinese company CEEC-ZTPC, which has ensured the success of the project after overcoming initial challenges and unforeseen project delays. Foreign investment in large-scale projects such as this one will play a key role in helping Egypt achieve its ambitious renewable energy goals.
PVH's collaboration with CEEC-ZTPC is a sign of the company's commitment to advancing the deployment of renewable energy in the Middle East and North Africa region, an area with immense potential for clean energy generation. PVH brings to this project its state-of-the-art solar tracking and plant management solutions, ensuring optimal energy generation and efficiency.
Renewable energy in Egypt
"This project is very special for us as it brings further strength to our portfolio in Egypt and highlights the efforts we can achieve by working together to meet the challenges," says Alvaro Casado, Global Commercial Director at PVH. "We are delighted to deliver this project with great partners such as CEEC-ZTPC and ACWA, who have proved their unwavering support throughout the execution and planning of the project."
Egypt has made substantial progress in its renewable energy sector, especially with the 1.8 GW Benban solar project, which is also equipped with PVH trackers and has been operational since 2019. The Kom Ombo solar plant aligns with Egypt's ambitious clean energy targets to meet 42% of its electricity demand from renewable sources by 2035 and 60% by 2040.
PVH's commitment to the energy transition in Africa
PVH's commitment to global efforts to diversify energy sources and reduce carbon emissions underscores its dedication to a global scale of sustainable energy solutions and its drive to build a brighter energy future in Africa. The project is expected to begin operation in 2024 and generate enough clean energy to power 130,000 homes in Egypt, reducing the country's dependence on fossil fuels and mitigating its environmental impact. PVH has a rich history of providing innovative solar tracking and energy management solutions to projects around the world.
This partnership marks another important step forward in the company's mission to shape a more sustainable world. With this transaction, PVH aims to contribute to Egypt's energy transition and support the country's commitment to cleaner and more efficient energy generation.