The agreement aims to establish a solar panel factory at Benha with an annual capacity of 200MW
Magdy Mohamadein, chairperson of Benha Electronics, which is affiliated to the Ministry of Military Production, signed a cooperation protocol with S-Energy Company, a spin-off from Samsung Electronics, which is one of the most experienced solar panel makers. The agreement aims to establish a solar panel factory at Benha with an annual capacity of 200MW.
According to Mohamadein, this agreement aims to transfer the South Korean company’s experience in the manufacture of solar panels to Benha, so as to enhance the company’s manufacturing capabilities and benefit from S-Energy’s technological expertise in this field.
He added that the agreement aims to optimize the available solar energy in Egypt throughout the year to generate electricity for various uses in houses, industry, and commerce.
He pointed out that this field will help Egypt to export its electricity production to neighboring Arab and African countries.