- Amr El Barak: Egypt is one of the most important markets in the region due to the political leadership’s interest in transitioning to a green economy
LONGI Green Energy Technology, a world leader in solar power products, is looking at 200 megawatt worth of sales in the Egyptian market next year 2023.
Gross sales of China-based LONGI in North and West Africa, Egypt included, recorded 350 megawatt this year amid growing demand for solar power, Regional Manager of China-based LONGI Eng. Amr El Barak said in press statements on the sidelines of the debut of the new solar power product Hi-Mo 6 in Egypt.
Egypt is an important market for LONGI, thanks to the political leadership’s interest in transitioning to a green economy. In addition, solar energy is increasingly tapped for irrigation of lands, not to mention the widespread use of solar panels in the New Administrative Capital and Mega National projects, he added.
According to the Sales Manager of LONGI Eng. Ahmed El Khrsh, the Chinese company announced the launch of the new generation of solar cells “Hi-Mo 6” in Egypt, which is the first country in the region to see the launch of the new technology in the solar panels. The company is set to start new cells in Morocco and other countries in the near future.
Head of Maryzad Eng. The agent of Amr Bebers and LONGI in Egypt emphasized the company’s concern to attract high-quality products to the Egyptian market, adding that LONGI is classified among the largest manufacturers of solar panels worldwide.
Bebers asked the government to treat solar energy products as strategic assets and prioritize them in securing dollars. In addition, this sector should see some royalties cut, a step that will strengthen the country’s leading position in the field of renewable energy, widely seen as an instrument to implement the 2035 Vision in Egypt which aims to increase the country’s renewable energy output to 42%.
Not to mention the many mega projects and schemes carried out by the Egyptian government before COP27, the way COP27 was organized in Egypt inspired the world, he explained. “Launching more solar energy projects will improve Egypt’s skills in dealing with climate change.”
The new generation of LONGI’s Hi-Mo 6, modified to handle lower temperatures, is 25% more efficient in generating energy for a longer time against a smaller surface, making this is the best choice for home use, manufacturing and agricultural areas, etc. can be more than classical, he continued.
Maryzad is now present in KSA, UAE and Lebanon, as it expands to new markets in Sudan, Djibouti and Libya to continue the company’s expansion plan in the Arab and African markets, to fulfill the objective of raising the number of its business in the future.
LONGI’s Deputy Chairman Denis Xi said that the company pays special attention to the improvement and modernization of products continuously to make them safer and more efficient, both of which help to expand into renewable energy.
LONGI aims to produce 25 Gigawatts from the new generation of solar panels Hi-MO 6, the first photovoltaic unit in the world designed to fit distributed scenarios, because it is the most efficient and safe product in the photovoltaic market.
LONGI aims to accelerate the transition to green energy by continuously upgrading technology, to reduce energy costs, he explained, adding that the company hopes to cut the prices of green energy and make it available throughout world.
In the same vein, the Deputy chairman of the New & Renewable Authority, Eng. Ihab Ismail said in an event marking the launch of the new product that Egypt’s strategy aims to achieve 42% renewable energy by 2035, adding that the presence of leading companies in Egyptian market will be important for the implementation of that strategy.
LONGI has revealed the latest products and predilections for the Egyptian market, a fact that shows Egypt’s leading position in the region and the African Continent, added Ismail, announcing that renewable energy which the country’s output is the largest. “These products have higher capacity and greater economic returns.”
The introduction of newer products will help reduce the cost of 1 kilowatt of solar energy, against the backdrop of increasing demand for these top-notch quality products, paving the way for Egypt to become the center of energy in the region in the near future.
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