Egypt, France airdrop aid to Gaza amid growing humanitarian crisis, global criticism of Israel    Supply minister discusses strengthening cooperation with ITFC    Egypt launches initiative with traders, manufacturers to reduce prices of essential goods    SCZONE chief discusses strengthening maritime, logistics cooperation with Panama    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Egypt will keep pushing for Gaza peace, aid: PM    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



ElSewedy Electric, Huawei promote solar energy projects
The two companies have signed an MoU to cooperate on promoting products and services to photovolatic solar energy projects in MENA
Published in Daily News Egypt on 06 - 09 - 2017

ElSewedy Electric, a leading corporate in offering integrated energy solutions in the Middle East and North Africa, signed a memorandum of understanding (MoU) on Wednesday in Shanghai with Huawei, a leading Chinese company, to carry out joint promotion of the products and services they offer to photovoltaic solar energy projects in the MENA region.
Both companies plan to offer solutions to achieve optimal usage of resources and utilize innovative basis such as automatic operation and maintenance with the aim of constructing photovolataic solar energy plants, according to a report sent to the Egyptian Stock Exchange (EGX).
This cooperation between Huawei and ElSewedy Electric will focus more on projects that rely on the engineering, procurement, and construction (EPC) contracting system.
"ElSewedy Electric and Huawei will continue to offer advanced and useful products as well as integrated solutions for the MENA market and will seek to continue their contributions in the field of photovoltaic solar energy," according to the report.
According to the latest report by Information Handling Services Markit (IHS Markit), a London-based company that provides information to help the decision making in businesses, Huawei's energy modifiers for photovolatic solar energy have occupied the first place globally in 2015 and 2016. The smart solutions of Huawei have been well-received by customers for their high productivity. This resulted in the Fusionsolar application by Huawei for solar energy to witnessing great growth across the world.
ElSewedy's financial lists have showed an increase in the company's profits during the second quarter of 2017 by 68% on an annual basis as a result of an increase in revenues.
ElSewedy Electric is the largest company registered in the EGX for the manufacturing of electric cables.


Clic here to read the story from its source.