{"id":1051,"date":"2024-11-25T06:45:19","date_gmt":"2024-11-25T02:45:19","guid":{"rendered":"https:\/\/www.utilitybusinessmena.com\/?p=1051"},"modified":"2024-11-25T06:45:19","modified_gmt":"2024-11-25T02:45:19","slug":"longi-to-supply-500-million-solar-cells-to-egypt-next-year","status":"publish","type":"post","link":"https:\/\/cheeltech.com\/utilitybusinessmena\/news\/longi-to-supply-500-million-solar-cells-to-egypt-next-year","title":{"rendered":"LONGi to supply $500 Million solar cells to Egypt next year"},"content":{"rendered":"\n<p>Chinese solar manufacturer <a href=\"https:\/\/www.utilitybusinessmena.com\/solar\/longi-breaks-25-solar-efficiency-barrier-with-new-global-record-for-crystalline-silicon\" data-type=\"post\" data-id=\"772\" rel=\"nofollow noopener\" target=\"_blank\">LONGi Green Energy Technology<\/a> says it will supply solar cells worth $500 million for renewable energy projects in Egypt by 2025.<\/p>\n\n\n\n<p>The deal will support LONGi\u2019s strategy to strengthen its footprint in the region\u2019s burgeoning <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/global-renewable-energy-to-rise-with-5500-gw-of-new-capacity-by-2030-iea\" data-type=\"post\" data-id=\"539\" rel=\"nofollow noopener\" target=\"_blank\">renewable energy<\/a> sector.<\/p>\n\n\n\n<p>According to Shehab Orabi, LONGi\u2019s 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.<\/p>\n\n\n\n<p>Collaborations include a 1-gigawatt supply for Norway-based Scatec, which operates extensively in Egypt, and additional agreements with <a href=\"https:\/\/www.utilitybusinessmena.com\/solar\/amea-power-energises-500mw-abydos-solar-pv-project-in-egypt\" data-type=\"post\" data-id=\"712\" rel=\"nofollow noopener\" target=\"_blank\">AMEA Power<\/a> and the UAE&#8217;s <a href=\"https:\/\/www.utilitybusinessmena.com\/news\/cop29\/masdar-and-socar-green-secure-financing-for-760mw-solar-projects-in-azerbaijan\" data-type=\"post\" data-id=\"980\" rel=\"nofollow noopener\" target=\"_blank\">Masdar<\/a>, both of which are expanding their renewable energy portfolios in the country.<\/p>\n\n\n\n<p>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\u2019s solar energy development.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>LONGi\u2019s entry aligns with these objectives and highlights the country\u2019s potential as a renewable energy hub.<\/p>\n\n\n\n<p>Egypt is also positioning itself as a future exporter of green energy to Europe by leveraging its geographic proximity and infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONGi aims to deliver between 2 and 2.5 gigawatts of solar cell capacity under contracts with prominent international firms<\/p>\n","protected":false},"author":2,"featured_media":773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,59,41,559],"tags":[157,159,360,170,89],"class_list":{"0":"post-1051","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-products","9":"category-renewable-energy","10":"category-solar","11":"tag-amea-power","12":"tag-egypt","13":"tag-longi","14":"tag-masdar","15":"tag-solar"},"_links":{"self":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/1051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/comments?post=1051"}],"version-history":[{"count":0,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/1051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media\/773"}],"wp:attachment":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media?parent=1051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/categories?post=1051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/tags?post=1051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}