Egypt is advancing its renewable energy and green industry ambitions with the launch of the $210 million Atum Solar complex in the Suez Canal Economic Zone's TEDA Industrial Zone. Developed through a partnership between Egypt, China, the UAE, and Bahrain, the project will feature two factories with an annual production capacity of 2 GW each for solar cells and solar units, using local raw materials and components. The complex forms part of Egypt's National Industrial Development Strategy and Vision 2030, aiming to localise solar energy manufacturing, reduce reliance on imports, and strengthen the local supply chain. It will supply the domestic market and regional markets across the Middle East and Africa, while all solar cell production will be exported to the United States, creating around 840 direct jobs. On the sidelines of the launch, the industrial partnership was formalised with the signing of an agreement between JA Solar (China), Global South Utilities (UAE), Infinity Capital (Bahrain), and AH Industrial Management and Consulting (Egypt), cementing their collaboration on the project. The Atum Solar complex also bolsters Egypt's industrial base, supports low-emission industries, and serves as a model for integrating advanced manufacturing with green economic growth. Attribution: Amwal Al Ghad English
