Utilizing Solar Energy for Industrial Process Heat in Egyptian Industry

Development Partner(s)

United Nations Industrial Development Organization

BENEFICIARIES

Ministry of Trade and Industry

AMOUNT

6.5

CURRENCY

USD

SECTOR(S)

Trade & Industry

TYPE OF FINANCE :

Grant

SIGNATURE DATE :

2022-02-10

Objective

The project aims at reducing the use of conventional energy sources and encouraging the use of renewable energy source (solar energy), consequently diversifying sources of energy and facilitating renewable energy availability to the industrial sector. The project is also promoting local manufacturing of renewable energy technologies for industrial application in process heating which contributes to job creation and environmental sustainability. The project promotes heat system optimization measures in selected sectors complemented with the installation of solar thermal technologies through a combination of technical assistance and investment activities

Locations

Upper Egypt