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Government raises Siwa solar plant cost
Eirsak Company, in collaboration with the Egypt Electricity Holding Company, has increased the cost of the Siwa Solar Power Plant to 374.4 million Egyptian pounds after adding a battery storage unit valued at 187.2 million Egyptian pounds. This move aims to enhance the stability of electricity supplies and improve the utilization of solar energy through storage and use when needed. The project, which involves installing the unit within 12 months, is part of the government's plan to support electrical infrastructure in remote areas. It will strengthen the grid's capacity to meet the growing demand, as Egypt seeks to increase the contribution of renewable energy to 45% of the energy mix by 2028.
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