Latest news with #IRSC
Zawya
28-04-2025
- Business
- Zawya
IRSC signs agreement with ACO, Sungrow, and Tongwei for 75 MW solar projects in Egypt
Egypt - Arab Consulting Office (ACO), in collaboration with global technology leaders Sungrow and Tongwei, has signed a strategic framework agreement with IRSC for renewable energy solutions to jointly develop 75 megawatts (MW) of solar photovoltaic (PV) projects across Egypt. The agreement lays the foundation for a long-term partnership that will leverage Tongwei's high-efficiency PV modules and Sungrow's advanced inverter and energy storage solutions, with ACO serving as the local partner and system integrator. These projects directly contribute to Egypt's Vision 2030, supporting national efforts to increase the share of renewable energy in the country's energy mix and advance decarbonization goals. Speaking at the signing ceremony, Aya Zanaty, Chairperson of ACO, said: 'This agreement marks a new chapter in Egypt's clean energy journey. Through this strategic collaboration, we are reinforcing our commitment to delivering world-class renewable energy projects that accelerate Egypt's transition towards a sustainable future.' She added: 'This partnership builds on over a decade of successful collaboration between ACO and IRSC across multiple clean energy projects in Egypt. It also strengthens ACO's six-year alliance with Sungrow, during which we have co-delivered several utility-scale and commercial & industrial (C&I) solar projects optimized for Egypt's unique climate and grid conditions.' Commenting on the agreement, Andrew Daniel, Chairperson of IRSC, said: 'Our partnership reflects a shared vision of empowering communities through sustainable energy solutions. By combining global expertise with local execution, we aim to drive impactful change and support Egypt's leadership in the renewable energy sector.' He continued: 'This collaboration also stands as a model for the successful adoption of clean technologies within Egypt's industrial sector. We look forward to further partnerships with global companies to achieve a more sustainable future.' This strategic agreement adds to IRSC's growing portfolio of achievements. Following the successful delivery of numerous renewable energy projects supporting industrial decarbonization, IRSC continues to set new benchmarks for integrating sustainable technologies at scale. Through its expanding network of local and international partners, IRSC is playing a pivotal role in shaping Egypt's transition to a greener economy. Moustafa Abdelmonem, North Africa Director at Sungrow, commented: 'Egypt is a cornerstone of Sungrow's regional strategy, and we are proud to bring our advanced inverter and energy storage technologies to one of the region's most promising renewable energy markets. This agreement with ACO and IRSC reflects our shared commitment to delivering reliable, scalable, and future-ready energy solutions that align with Egypt's national goals and long-term sustainability vision.' Harvey Zhang, Sales Director of MENA at Tongwei, also noted: 'Egypt represents a strategic milestone in Tongwei's global expansion. We are honored to partner with ACO and IRSC, two trusted local leaders with proven impact. Together, we aim to accelerate the adoption of high-efficiency solar technologies and support the region's transition to clean, affordable, and resilient energy systems.'
Daily News Egypt
27-04-2025
- Business
- Daily News Egypt
IRSC signs agreement with ACO, Sungrow, and Tongwei for 75 MW solar projects in Egypt
Arab Consulting Office (ACO), in collaboration with global technology leaders Sungrow and Tongwei, has signed a strategic framework agreement with IRSC for renewable energy solutions to jointly develop 75 megawatts (MW) of solar photovoltaic (PV) projects across Egypt. The agreement lays the foundation for a long-term partnership that will leverage Tongwei's high-efficiency PV modules and Sungrow's advanced inverter and energy storage solutions, with ACO serving as the local partner and system integrator. These projects directly contribute to Egypt's Vision 2030, supporting national efforts to increase the share of renewable energy in the country's energy mix and advance decarbonization goals. Speaking at the signing ceremony, Aya Zanaty, Chairperson of ACO, said: 'This agreement marks a new chapter in Egypt's clean energy journey. Through this strategic collaboration, we are reinforcing our commitment to delivering world-class renewable energy projects that accelerate Egypt's transition towards a sustainable future.' She added: 'This partnership builds on over a decade of successful collaboration between ACO and IRSC across multiple clean energy projects in Egypt. It also strengthens ACO's six-year alliance with Sungrow, during which we have co-delivered several utility-scale and commercial & industrial (C&I) solar projects optimized for Egypt's unique climate and grid conditions.' Commenting on the agreement, Andrew Daniel, Chairperson of IRSC, said: 'Our partnership reflects a shared vision of empowering communities through sustainable energy solutions. By combining global expertise with local execution, we aim to drive impactful change and support Egypt's leadership in the renewable energy sector.' He continued: 'This collaboration also stands as a model for the successful adoption of clean technologies within Egypt's industrial sector. We look forward to further partnerships with global companies to achieve a more sustainable future.' This strategic agreement adds to IRSC's growing portfolio of achievements. Following the successful delivery of numerous renewable energy projects supporting industrial decarbonization, IRSC continues to set new benchmarks for integrating sustainable technologies at scale. Through its expanding network of local and international partners, IRSC is playing a pivotal role in shaping Egypt's transition to a greener economy. Moustafa Abdelmonem, North Africa Director at Sungrow, commented: 'Egypt is a cornerstone of Sungrow's regional strategy, and we are proud to bring our advanced inverter and energy storage technologies to one of the region's most promising renewable energy markets. This agreement with ACO and IRSC reflects our shared commitment to delivering reliable, scalable, and future-ready energy solutions that align with Egypt's national goals and long-term sustainability vision.' Harvey Zhang, Sales Director of MENA at Tongwei, also noted: 'Egypt represents a strategic milestone in Tongwei's global expansion. We are honored to partner with ACO and IRSC, two trusted local leaders with proven impact. Together, we aim to accelerate the adoption of high-efficiency solar technologies and support the region's transition to clean, affordable, and resilient energy systems.'
Zawya
18-03-2025
- Business
- Zawya
Egypt: IRSC, Arabian Cement sign landmark clean energy power purchase agreement
Egypt - IRSC for renewable energy solutions, a leading developer of sustainable infrastructure and renewable energy, has signed a significant 30-year Power Purchase Agreement (PPA) with Arabian Cement Company (ACC), one of Egypt's prominent cement producers. This agreement marks a major step towards cleaner energy in Egypt's industrial sector, as IRSC will provide ACC with reliable and cost-effective electricity generated from renewable sources. As part of the agreement, IRSC will oversee the development, financing, construction, ownership, and operation of the second phase of ACC's solar power plant. This solar system will allow ACC to access sustainable energy without the need for upfront capital investment, helping the company reduce operational costs while meeting its sustainability goals. IRSC will be responsible for all aspects of the project, including financing, installation, and ongoing maintenance, ensuring optimal performance throughout the life of the agreement. This collaboration highlights ACC's commitment to reducing its carbon footprint and aligning its operations with global environmental standards. Andrew Daniel, Chairperson of IRSC, expressed his enthusiasm for the partnership, saying: 'This long-term collaboration demonstrates our shared commitment to sustainability and clean energy. IRSC is dedicated to providing reliable, renewable solutions that not only help businesses cut operational costs but also contribute significantly to Egypt's green energy transition.' Sergio Alcántarilla, CEO of Arabian Cement Company, stated: 'By adopting renewable energy, we are reinforcing our position as an environmentally responsible company, while securing predictable and sustainable energy costs. This agreement represents a key milestone in ACC's commitment to environmental stewardship and energy efficiency.' The 17.6 MWp solar plant is expected to generate around 32.5 GWh of electricity annually, reducing ACC's environmental impact and increasing its energy independence. This move towards renewable energy underscores the growing shift in Egypt's industrial sector toward more sustainable practices.
Daily News Egypt
17-03-2025
- Business
- Daily News Egypt
IRSC, Arabian Cement sign landmark clean energy power purchase agreement
IRSC for renewable energy solutions, a leading developer of sustainable infrastructure and renewable energy, has signed a significant 30-year Power Purchase Agreement (PPA) with Arabian Cement Company (ACC), one of Egypt's prominent cement producers. This agreement marks a major step towards cleaner energy in Egypt's industrial sector, as IRSC will provide ACC with reliable and cost-effective electricity generated from renewable sources. As part of the agreement, IRSC will oversee the development, financing, construction, ownership, and operation of the second phase of ACC's solar power plant. This solar system will allow ACC to access sustainable energy without the need for upfront capital investment, helping the company reduce operational costs while meeting its sustainability goals. IRSC will be responsible for all aspects of the project, including financing, installation, and ongoing maintenance, ensuring optimal performance throughout the life of the agreement. This collaboration highlights ACC's commitment to reducing its carbon footprint and aligning its operations with global environmental standards. Andrew Daniel, Chairperson of IRSC, expressed his enthusiasm for the partnership, saying: 'This long-term collaboration demonstrates our shared commitment to sustainability and clean energy. IRSC is dedicated to providing reliable, renewable solutions that not only help businesses cut operational costs but also contribute significantly to Egypt's green energy transition.' Sergio Alcántarilla, CEO of Arabian Cement Company, stated: 'By adopting renewable energy, we are reinforcing our position as an environmentally responsible company, while securing predictable and sustainable energy costs. This agreement represents a key milestone in ACC's commitment to environmental stewardship and energy efficiency.' The 17.6 MWp solar plant is expected to generate around 32.5 GWh of electricity annually, reducing ACC's environmental impact and increasing its energy independence. This move towards renewable energy underscores the growing shift in Egypt's industrial sector toward more sustainable practices.
Zawya
17-03-2025
- Business
- Zawya
IRSC signs Power Purchase Agreement with Arabian Cement Company to provide clean energy
IRSC for renewable energy solutions, a leading developer of renewable energy and sustainable infrastructure, proudly announces that it has signed a landmark 30-year Power Purchase Agreement (PPA) with Arabian Cement Company (ACC), one of Egypt's prominent cement producers. Under this strategic partnership, IRSC will supply ACC with clean, reliable electricity generated from renewable sources. The agreement includes the development, financing, construction, ownership, and operation of the second phase of ACC's solar power plant. The solar power system will enable ACC to access cost-effective, reliable, and sustainable electricity without upfront capital investment. Under the terms of the PPA, IRSC will manage all project-related responsibilities, including financing, installation, and ongoing operation and maintenance, guaranteeing optimized performance throughout the contract period. This project underscores ACC's commitment to sustainability and the reduction of its carbon footprint in alignment with global environmental standards. Commenting on this landmark agreement, Andrew Daniel, Chairman of IRSC, said: 'We are honored to partner with Arabian Cement Company, one of Egypt's most respected industrial leaders. This long-term collaboration reflects our shared commitment to sustainability and clean energy adoption. IRSC is dedicated to delivering reliable, renewable solutions that not only help reduce operational costs but significantly contribute toward Egypt's transition to a greener future.' Mr. Sergio Alcántarilla, CEO of Arabian Cement Company, highlighted the importance of this partnership: 'Our collaboration with IRSC marks a significant step towards achieving our sustainability objectives. By adopting renewable energy through this strategic partnership, we are further reinforcing our position as an environmentally responsible company, enhancing our competitiveness through predictable and sustainable energy costs. This agreement represents a key milestone in ACC's ongoing commitment towards environmental stewardship and energy efficiency.' With a total capacity of 17.6 MWp, this solar plant is projected to generate approximately 32.5 GWh annually, significantly reducing ACC's environmental impact and enhancing energy independence. About IRSC IRSC (Integrated Renewable & Sustainable Communities) is a leading renewable energy developer specializing in EPC and IPP solutions since 2011. IRSC offers comprehensive renewable energy solutions, including solar, hybrid systems, and microgrids, serving utilities, commercial and industrial clients, and governmental entities. IRSC's solutions deliver long-term sustainability, reliability, and cost-efficiency. About Arabian Cement Company (ACC) Arabian Cement Company (ACC) is a leading cement producer in Egypt. Located in Suez Governorate, ACC's factory produces five million tons of high-quality cement annually, accounting for approximately 8% of Egypt's total cement production. Over the years, ACC has earned several certifications, including ISO 9001 for quality assurance, ISO 14001 for environmental compliance, OHSAS 18001 for health and safety standards, and ISO 50001 for energy management. In 2023, the company obtained the EPD certification for clinker, CEM I, and CEM II. Additionally, in 2024, ACC was awarded the CSC Bronze certificate from the Concrete Sustainability Council. Listed on the Egyptian Exchange (EGX) since May 2014, the company remains committed to quality, sustainability, and innovation.
