Home> Companies

Chint an eager new energy investor in Egypt

ezhejiang.gov.cn| Updated: November 26, 2021 L M S

Chint Group, a global smart-energy solution provider headquartered in Zhejiang province, recently invested $4 million into expanding workshops in its factory in Egypt.

This was Chint's third wave of investments for the Egypt factory which was established in 2017.

The company's other signature project in the African country is the Benban Solar Energy Park, one of the largest of its kind in the world. The park, which occupies an area of 37 square km in the southern province of Aswan, consists of 41 solar plants, four power transmission stations, and 40 solar transformer substations. It started operating last June and generates around 2,000 megawatts of electric power every year, helping Egypt increase its use of renewable energy to 20 percent of all domestic energy consumption.

Chinese companies Chint and TBEA Xinjiang Sunoasis Co have a 165.5-megawatt project and a 186-megawatt project in the park respectively. They also provide technical support for much of the rest of the projects. More than half of the equipment and components used in the park are made in China.

Chint's signature projects abroad also include the 103-megawatt Midden-Groningen photovoltaic power station, the largest of its kind in the Netherlands.

Chint has sales offices and logistics services in more than 140 countries and regions. It was recently named in the "2021 Top 100 Chinese Multinational Companies" list.

Egyptian coins.jpg

Photovoltaic panels in the Benban Solar Energy Park are densely placed amid the desert. Such a magnificent view has even been adopted as a pattern on Egyptian coins, serving as a national landmark. [Photo/zjol.com.cn]


The Benban Solar Energy Park is shown on the map. [Photo/zjol.com.cn]