Egypt-based SCZONE and MDC signed the first phase of the Pyramids ALU project contract to begin aluminum frame and solar mounting system production within Egypt’s Sokhna Industrial Zone. The $1.8 million investment covers a 5,000-square-meter facility, expected to open within two months and create 42 direct jobs. The “PYRAMIDS ALU” factory was a partnership between Egypt’s ALU AFRIC and China’s ALU PRO. It aimed to reach a monthly production capacity of 1,750 tons with two automated fabrication lines and one manual line. The project relied entirely on local raw materials from ALU AFRIC. It was part of SCZONE’s expansion initiative to support export-capable industries, coordinated with Egypt’s Administrative Control Authority (ACA).
SCZONE inks first phase of Pyramids ALU project in Egypt
SCZONE’s Pyramids ALU aimed to produce 1,750 tons of aluminum frames monthly using fully automatic and manual production lines. (Image Source: SCZONE)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)