Egypt launches $220mn solar complex in the Suez Canal zone
The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
| Countries | Émirats Arabes Unis, Bahreïn, Chine, Égypte |
|---|---|
| Companies | JA Solar |
| Sector | Énergie Solaire, Photovoltaïque, Stockage énergie |
| Theme | Investissements & Transactions, Investissement entreprise |
Egypt has launched the construction of an integrated solar manufacturing complex in the Suez Canal Economic Zone, marking a step in its industrial development strategy linked to renewable energy. The $220mn project will be located in the TEDA Egypt industrial zone in Ain Sokhna, covering an area of 200,000 m². It will include a 2 GW solar cell factory, a 2 GW solar panel production unit, and a 1 GWh energy storage system plant.
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