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China's Kiping Solar Technology to establish solar glass manufacturing project in SCZone
China's Kiping Solar Technology to establish solar glass manufacturing project in SCZone

Zawya

time21-07-2025

  • Business
  • Zawya

China's Kiping Solar Technology to establish solar glass manufacturing project in SCZone

Arab Finance: Kiping Solar Technology, a China-based company specializing in the manufacture of glass panels used in solar energy generation, plans to establish a new industrial project in the Suez Canal Economic Zone (SCZone), as per a statement. On the sidelines of the Egypt Mining Forum 2025, Minister of Petroleum and Mineral Resources Karim Badawi reviewed the Chinese company's scheme to build a facility for producing solar glass panels. Kiping Solar Technology will leverage Egypt's strategic location, the abundance of raw materials required for the industry, and the infrastructure that supports green projects. The two sides also explored potential cooperation between the ministry, the Egyptian Mineral Resources Authority (EMRA), and the Chinese company on this ambitious project, which aims to enhance added-value and provide job opportunities. For his part, Badawi affirmed the government's full support for all investments seeking to transfer technology, expand local content, create job opportunities, and boost the added value of Egypt's mineral resources. During the two-day event, the minister rolled out plans to increase the mining sector's contribution to Egypt's gross domestic product (GDP) to 5-6%. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

China's Kiping Solar Technology Plans Industrial Project in Egypt's SCZone
China's Kiping Solar Technology Plans Industrial Project in Egypt's SCZone

See - Sada Elbalad

time18-07-2025

  • Business
  • See - Sada Elbalad

China's Kiping Solar Technology Plans Industrial Project in Egypt's SCZone

Taarek Refaat Kiping Solar Technology, a leading Chinese manufacturer of solar glass panels, is preparing to launch a major industrial project in Egypt's Suez Canal Economic Zone (SCZone), in a move that could significantly boost the country's green energy manufacturing sector. The announcement followed a high-level meeting held on the sidelines of the Egypt International Mining Forum between Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, and a delegation from Kiping Solar Technology. Discussions centered around the company's plan to establish a solar glass production facility within the SCZone. According to a statement released after the meeting, the Chinese company intends to capitalize on Egypt's strategic location, abundant raw materials, and robust infrastructure to support green industrial projects. 'The government fully supports serious investments that promote technology transfer, maximize local content, and generate employment,' said Minister Badawi. 'The mining sector is advancing toward increasing the added value of Egypt's mineral resources through industrialization.' The proposed project is expected to enhance local value chains, reduce dependence on imported components in Egypt's renewable energy sector, and create hundreds of jobs. Officials also discussed potential areas of cooperation between the company and the Egyptian Mineral Resources Authority (EMRA), particularly in aligning the initiative with Egypt's broader green energy and local industrialization strategies. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Sports Get to Know 2025 WWE Evolution Results

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