The project, being established within the TEDA-Egypt industrial developer zone, is expected to create more than 100 jobs, with a focus on employing Egyptian workers in manufacturing, production and technical positions.
The foundation-stone ceremony was attended by Electricity and Renewable Energy Minister Mahmoud Esmat, Minister of State for Military Production Salah Gomblat, Industry Minister Khaled Hashem, Suez Governor Hany Rashed, representatives of TEDA-Egypt and Sungrow, and senior officials from the Suez Canal Economic Zone (SCZONE).
"Sungrow Power Supply Co., Ltd. is a major Chinese renewable energy technology company headquartered in Hefei, Anhui, China. Founded in 1997, it is a world leader in the development and manufacturing of solar PV inverters, energy storage systems (ESS), wind power converters, and green hydrogen production systems." accordingto the company's website.
SCZONE Chairman Mostafa Shikhoun said the Sungrow project represents an important addition to Egypt’s emerging renewable-energy industries and a step towards localising the production of energy storage systems.
He said the project would support the expansion of renewable-energy projects while reflecting investor confidence in SCZONE’s infrastructure, strategic location and integration between industrial zones and ports.
Shikhoun also highlighted the project as an example of the growing economic and investment partnership between Egypt and China, as well as the role of TEDA-Egypt in attracting value-added industrial investments.
Electricity Minister Mahmoud Esmat said the project is part of Egypt’s strategy to localize the manufacturing of renewable-energy equipment and energy storage systems, increase reliance on domestic production and facilitate the transfer of modern technologies.
He added that developing local manufacturing capabilities would help Egypt build an integrated renewable-energy industrial base and strengthen its position as a regional hub for the production and export of renewable-energy equipment.
The government is also seeking to increase the share of renewable energy in Egypt’s electricity mix and reduce reliance on conventional fuels, while strengthening the national grid’s ability to accommodate growing amounts of renewable generation.
Industry Minister Khaled Hashem described the Sungrow project as a new milestone in Egypt’s development of clean-energy industries and a further step in the country’s industrial partnership with China.
He said the project, described by the government as the first specialised energy storage systems manufacturing facility in the Middle East and Africa, would contribute to the stability of Egypt’s national electricity grid and help it accommodate increasing shares of renewable energy through advanced storage solutions.
Energy storage systems are increasingly important as Egypt expands solar and wind power, allowing electricity generated from intermittent renewable sources to be stored and used when demand rises or renewable generation falls.
Minister of State for Military Production Salah Gomblat said the ministry’s participation reflects Egypt’s drive towards a green economy and the development of industries linked to clean energy.
He added that cooperation with leading international companies could help develop Egypt’s industrial capabilities and open new export opportunities.
Sungrow Vice President Thomson Meng thanked the Egyptian government and relevant authorities for supporting the project, saying the factory would help establish an integrated clean-energy platform combining advanced technology with local industrial capabilities.
The project is also linked to Egypt’s strategic renewable-energy developments, including Scatec’s Green Energy project, strengthening integration between renewable power generation and energy-storage solutions.
The government says such projects are part of broader efforts to develop local value chains for renewable energy, attract advanced technologies and position Egypt as a regional manufacturing and export centre for clean-energy equipment.
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