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Industry Minister Advisor: Factory energy support to taper
The Advisor to the Ministry of Industry for Energy Affairs revealed the initiative "Shams Industry," launched last month, aimed at integrating solar energy into Egypt's industrial sector. The initiative focuses on generating 1,000 megawatts of solar power at a cost of up to 15 billion Egyptian pounds, through installing solar panels on the rooftops of around 7,000 factories, representing about 10% of all factories in Egypt. Its objectives are to diversify energy sources, gradually reduce dependence on gas and electricity, enhance industrial competitiveness, and lower the carbon footprint. This project is being activated in line with the state's policy to promote clean energy and reduce import costs.
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