Vodafone Egypt To Invest In Solar Energy To Supply Its Facilities
The Egyptian division of Vodafone has announced that it is investing $100 Million to build a solar power plant that will power its facilities in Egypt.
This announcement was made recently by Alexandre Froment-Curtil, the General Manager of Vodafone Egypt.
However, various processes still need to be followed before these plans become a reality.
Vodafone is currently in discussions with the Egyptian Electricity Utility and Consumer Protection Regulatory Agency (EgyptERA). The telco must still sign a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), which will enable the electricity produced by the new solar power plant to travel through its grid.
This latest project is a critical part of Vodafone Egypt’s strategy to use electricity that is produced entirely from renewable sources by the year 2025.
The Egyptian government has also been in support of the use of solar power, and renewable energy projects are rapidly multiplying in the country.
Like Vodafone, many other businesses in Egypt have made the decision to turn to solar energy for their supply of electricity.
Credit: This article originated from www.afrik21.africa