China trend fuels Egypt’s solar manufacturing drive

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Egypt is welcoming a new Chinese investor into its solar manufacturing sector, which has already attracted multiple Asian firms. Chinese glassmaker CSG Holding has approved a $247 million investment to build a photovoltaic glass factory in the country. This brings Egypt closer to being the first African country to establish a fully vertically integrated solar industry.

• It comes after Egypt last month unveiled a roadmap to localise 28 strategic sectors, including solar panels, wind turbines, battery storage, and electric vehicles, to meet local demand and reduce reliance on imports.

• The North African country has become a hive of activity in the renewables sector, with announced solar manufacturing projects exceeding 10 GW, the largest on the continent. And it continues to draw funding for record-breaking projects in scale.

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