TAQA Arabia launches 20 MW solar plant in Sharm El Sheikh
Sharm’s biggest solar plant goes live ahead of COP27: Qalaa Holdings subsidiary TAQA Arabia has launched the largest solar power plant to date in Sharm El Sheikh, according to a press release (pdf). Built at a cost of EGP 250 mn, the 20 MW project is set to slash carbon emissions by around 500k tons through its 25-year lifespan, the statement reads.
The project is set to supply 30% of the power load in Nabq, a popular tourist neighborhood, according to the statement.
Just in time for COP: “The whole project development until operation has been accomplished in an unprecedented record time, which did not exceed four months,” TAQA Arabia CEO Pakinam Kafafi said. TAQA Arabia has also worked on EV charging and compressed natural gas (CNG) stations in South Sinai governorate, part of efforts to make Sharm the country’s first “green city” ahead of the UN climate summit in November.