Empower finances 2.5 MW of solar power for AMECO’s Ramadan City plant

EGYPT – Norwegian renewable energy company, Empower New Energy, has signed an agreement with Arab Medical Equipment Company (AMECO) to build a 2.5 MW solar power plant.

The renewable energy company will build a rooftop solar power plant to power AMECO’s factory in Ramadan City, Cairo, Egypt.

The solar plant will have a capacity of 2.5 MWp, one of the largest dedicated to a commercial and industrial (C&I) customer.

The plant will be built in several phases, the first of which is for 500 kWp. Empower New Energy estimates that at the end of the project, the solar plant will be capable of producing 4.4 GWh of electricity per year.

Offering rapid deployment of clean energy at no upfront cost to the customer is a value proposition that resonates strongly with Egyptian energy buyers,” said Hisham El Fata, AMECO’s president.

 “As a company, allows us to save electricity costs and run sustainable operations through the use of clean energy.”

For AMECO, the largest manufacturer of disposable syringes in the Middle East, this project will allow it to reduce the environmental impact of its activities.

The installation is expected to reduce the equivalent of 2125 tons of CO2 per year. With this project, Empower New Energy is strengthening its presence in North Africa.

The Cairo-based company sees the partnership with Empower as part of the Egyptian government’s energy ambitions to produce 42% of the electricity consumed in the land of the pharaohs from renewable sources by 2030.

The country’s Ministry of Electricity and Renewable Energy (MOERE) has succeeded in reaching 30 percent local content for wind farms in 2018 and is expected to increase the share to 70 percent.

The country is also encouraging privately owned independent power producers (IPPs) to add its green energy grid.

With its abundant land, sunny weather, and high wind speeds, the country is indeed a prime location for renewable energy projects.

The emergence of renewable companies such as Empower New Energy, which is also expanding in North Africa will help Egypt achieve its mission of shifting to green energy sources faster than expected.

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