Eleqtisade News
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English
21/07/2025 - 4:18 am
No Result
View All Result
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English
No Result
View All Result
Eleqtisade News
No Result
View All Result
  • Home
  • Economy
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
  • English

IRSC Signs Agreement with Sumitomo Electric Wiring Systems Egypt to Establish Solar PV Power Plants

“إيرسك”تتعاون مع سوميتومو اليكتريك وايرنج سيستيمز ايجيبت لإنشاء محطات طاقة شمسية
  • 28/01/2025 - 1:28 pm
  • write : Yasser Gomaa
  • Energy

Font size

A A
Share on FacebookShare on Twitter

In a move reflecting its commitment to promoting renewable energy adoption, IRSC a leading company in renewable energy solutions and sustainability has signed a contract with Sumitomo Electric Wiring Systems Egypt, a global leader in automotive electrical systems manufacturing, to design, supply, and install solar pv power plants on the rooftops of the company’s industrial facilities.
This strategic partnership aligns with Sumitomo Electric Wiring Systems Egypt’s commitment to supporting sustainability initiatives, reducing carbon emissions, and enhancing energy efficiency in its production processes. It also reflects the company’s global vision of adopting environmentally friendly practices and lowering its carbon footprint.
Project Details
The project involves the design, supply, and implementation of solar power plants on the rooftops of industrial facilities owned by Sumitomo Electric Wiring Systems Egypt in the regions of 10th of Ramadan, 6th of October, and Port Said, with a total installed capacity estimated at 3.2 MW peak as the first phase. The construction work is expected to be completed in the second quarter of 2025.
These plants are expected to generate approximately 4.9 GWh annually, reducing electricity consumption from the national grid and cutting carbon dioxide emissions by an estimated 52,700 tons annually. This contribution aligns with Egypt’s sustainable development goals and Vision 2030, which aims to promote clean energy.
Stakeholders
The agreement was signed by Mr. Mircea Serbu, Chief business Officer – Japanese Business & Managing Director of Sumitomo Electric Wiring Systems – Egypt alongside Engineer Andrew Daniel, Chairman of IRSC, in the presence of senior management Representatives from both companies.
Engineer Andrew Daniel stated:
“We are proud to collaborate with Sumitomo on this project, which reflects our commitment to providing innovative, cost-effective, and sustainable renewable energy solutions. This partnership is a successful model for adopting clean technologies in Egypt’s industrial sector, and we look forward to further collaborations with global companies to achieve a more sustainable future.”
Sumitomo Electric Wiring Systems Egypt management emphasized:
“This step is part of our strategy to minimize the environmental impact of our operations and enhance sustainability across all manufacturing stages, supporting our efforts to provide eco-friendly products that meet international standards.”

Expected Project Benefits
• Reducing electricity bills, reflecting the economic benefits of the project.
• Improving environmental sustainability and reducing carbon emissions.
• Providing a clean and sustainable energy source that supports industrial production.
• Supporting Egypt’s vision for clean energy transformation and promoting green investments.
Future Outlook
This agreement represents the first step in the collaboration between the two companies. IRSC plans to provide more integrated solar energy solutions and enhance the reliance of major industries on alternative, clean and efficient energy sources.

Short link:

RelatedPosts

Related Posts

بن غاطي توسّع حضورها العالمي بافتتاح أول مقر رئيسي في المملكة المتحدة
External economy

Binghatti Opens its London Boutique Marking Larger International Presence

مجموعة الجمال تطلق أول فندق بيست وسترن بلس أمام المتحف الكبير
Home

Al Gammal Group Partners with BWH Hotels to Launch First Best Western Plus Hotel Near Grand Egyptian Museum

ميدار تحقق قفزة بأرباح 2024 تتجاوز 500% بدعم من شراكاتها الاستراتيجية
Home

MIDAR Announces Fiscal Year 2024 Financial Results with Over 500% Profit

إي اف چي هيرميس مستشارًا لأكبر صفقة استثمار مباشر بقطاع الرعاية الصحية في مصر
Home

EFG Hermes Advises on the Signing of Landmark $190 Million Investment in Alameda Healthcare by DPI

Rock Developments تطلق «روك جرين» أحدث توسعاتها في 2025 
Home

Rock Developments unveils Rock Green project in New Heliopolis

OPPO تفتتح أول متجر Experience and Service Store في مصر 
Home

OPPO Opens First Experience and Service Store in Egypt

Next Post
إي اف چي هيرميس تحصد المركز الأول بأسواق رأس المال بالشرق الأوسط وشمال إفريقيا

EFG Hermes Secures #1 Position in MENA Equity Capital Markets for 2024

About Eleqtisade News

Eleqtisade News website is concerned with all economic affairs at the local level in various sectors, including banks, the stock market, investment, real estate, cars, communications, markets, tourism, energy, transportation, navigation, insurance, and others.

Categories

  • Banks
  • Cars and transportation
  • Economy of Egypt
  • Energy
  • External economy
  • Home
  • Industry and investment
  • Markets
  • Opinion writers
  • Real Estate
  • Social responsibility
  • Stock Exchange
  • Tech
  • Tourism & Aviation
All rights reserved 2024 © Eleqtisade News . Powered by 
  • About
  • Advertise
  • Careers
  • Contact
  • Editorial Board
  • Homepage
wpChatIcon
wpChatIcon
No Result
View All Result
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English

All rights reserved 2024 © Al-Iqtisadi News. Powered by