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Bid to boost power ties with Finland

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Home Egypt

Bid to boost power ties with Finland

by Gazette Staff
February 14, 2021
in Egypt, Local
Bid to boost power ties with Finland 12 - Egyptian Gazette
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Means of promoting co-operation between Egypt’s Ministry of Electricity and Renewable Energy and a Finnish energy companies were the focus of a major meeting held in Cairo Sunday.

The meeting featured Minister of Electricity and Renewable Energy Mohamed Shaker, the Finnish Ambassador, Laura Kansikas, and Kimmo Laaksonen , Counsellor  of Commercial and Trade Affairs  at the Embassy.

The minister hailed co-operation with Finnish firms, and stressed their leading role in power projects being carried out in Egypt.

Shaker said his ministry was working round the clock to develop transmission and distribution networks across the country with the aim of improving services offered to citizens.

He also stressed the ministry’s keenness on preserving the environment through implementing more renewable energy ventures and raising the capacity of power production units of high efficiency.

The private sector has a great role to play in renewable energy schemes, the minister said, noting that the electricity sector attaches more importance to diversifying sources of electric power production, making utmost benefit from

Egypt’s natural wealth, especially new and renewable energy sources.

Meanwhile, the minister referred to the agreement of intentions Egypt had signed with  Siemens AG, for the start of discussions and studies to implement a pilot project for the production of green hydrogen here, as a first step towards expanding in this field to the possibility of exporting.

The agreement falls within the framework of the country’s strategy that aims to expand the fields of green energy and increase the contribution of renewable energy in the electricity sector, Shaker said.

For her part, the Finnish envoy laudedthe distinguished relations binding the two countries, and stressed the need to boost ties.

He referred to the solar energy complex in Egypt’s Benban, describing it as crucial for boosting the energy sector.

Tags: ElectricityFinland

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