UK SOLAR POWER WORKING WITH THE UK GOVT DEPARTMENT OF INTERNATIONAL TRADE HELD A SUCCESSFUL TRADE MISSION TO EGYPT
UK Solar Power LTD joined the Egyptian-British Chamber of Commerce and the Department of International Trade on a special energy mission to Egypt. The senior team including our technical director Thomas Obasi participated in a series of one-to-one sessions with several Ministers including Minister of Electricity and Renewables, Dr. Professor Mohamed Shaker El-Markabi and Deputy Minister and Chairman of Egyptian Electricity holding Co.
Sayed Ismail, Deputy Minister of Housing, Mohamed Maait, Minister of Finance.
During the meetings, UK Solar Power LTD promised to commit further time and resources to the growth of their presence in the Egyptian market and to propose a number of off-grid solutions, solar lighting and water projects. UK Solar Power in partnership with their local exclusive distributor already provide $2.4million in products to the local market.
Technical Director, Thomas Obasi who attended the meetings chaired by the ministers suggested a number of solutions to the countries current power shortages and ambitious wind and solar plans.
Egypt has committed to a 2035 plan that will see the countries energy mix shift to an impressive 42.7% of energy from renewable sources.
Victoria Taylor, UK Solar Power said “ we are delighted to be a part of this energy mission to Egypt, in particular with such ambitious plans to reduce traditional means of power. UK Solar Power are committed to the continued growth within the market and can see an abundance of opportunities in collaboration with government and our local representative. Our talks are ongoing, and we see our presence to only increase within the next 12-18 months.
The event concluded with a visit to the New Capital in Cairo which showcased the plans to create even more ‘smart cities’ with new housing and clever energy projects.
Talks with central government and a number of local entities continue.
