Voltalia, an international renewable energy player, and its partner TAQA Arabia signed a framework agreement at the Egypt-EU Investment Conference 2024 in Cairo. According to the company, this agreement continues a Memorandum of Understanding (MoU) from December 2022 to develop a renewable energy and green hydrogen production cluster. The project, located near Ain Sokhna port in the Suez Canal Economic Zone, will be implemented in two phases. Each phase includes a 500 MW electrolyzer powered by over 1.3 GW of solar and wind energy, producing more than 350,000 tons of hydrogen annually.
TAQA Arabia and Voltalia sign agreement
Located near Ain Sokhna port, the project will be implemented in two phases within the Suez Canal Economic Zone. (Image Credit: Pexels)
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)