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News Lafarge Egypt signs solar energy deal with Lumika Renewables Egypt

Lafarge Egypt signs solar energy deal with Lumika Renewables Egypt

Written by Global Cement staff 13 May 2022
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Egypt: Lafarge Egypt has signed a US$93m solar energy deal with Lumika Renewables Egypt, a subsidiary of AP Moller Egypt, to produce 140GWh/yr. The agreement is scheduled to become effective by the first quarter of 2024, according to Mist News. Under the terms of the deal the two companies will build a new 50MW solar power plant. This will be the first such plant operated by Lumika Renewables Egypt in the country. The subsidiary of Holcim says it aims to secure a renewable energy supply for 50% of its Ain Al-Sokhna cement plant's total daily energy consumption.

Last modified on 18 May 2022
Published in Global Cement News
Tagged under
  • Egypt
  • Lafarge Egypt
  • Holcim
  • Solar power
  • Lumika Renewables Egypt
  • AP Moller Egypt
  • Plant
  • GCW557
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