Cement News tagged under: solar power
Kohat Cement plans a 10MW solar power plant in Punjab14 July 2022, Published under Cement NewsKohat Cement Co Ltd (KOHC) has informed Pakistan Stock Exchange (PSX) that the Board of Directors of the company has approved the setting up of 10MW solar power plant at its Kohat cement plant, in northern Punjab, says CEO, Nadeem Atta Sheikh. The company’s Board of Directors has also re-appointed Aizaz Mansoor Sheikh as chairman and Nadeem Atta Sheikh as CEO for three years. Financial performance Total dispatches for July-March 2021-22 stood at 2.85Mt compared 1.75Mt in the corre... |
DG Khan Cement to install solar power plant in Punjab22 June 2022, Published under Cement NewsDG Khan Cement Co Ltd (DGKC) has informed Pakistan Stock Exchange (PSX) on 21 June that its has signed an agreement and established a Letter of credit with Reon Energy Ltd for the supply and installation of the on-grid solar power plant of 6.952MW at its site in Khairpur, District Chakwal, Punjab. The solar power plant is to be financed 100 per cent through the State Bank of Pakistan Financing Scheme for Renewable Energy. The project will be completed in about six months and replace elect... |
Bestway Cement: building for a greener future27 May 2022, Published under Cement NewsThis week Bestway Cement announced that it is building a new 7200tpd cement plant in Paikhel, Mianwali district, Punjab province, Pakistan, which it expects to commission by the end of this year. The Pakistani cement company has slipped into second place behind Lucky Cement in terms of domestic cement capacity. However, it is not standing still and is preparing to fend off competition for its market share. As detailed in its 3Q22 report, Bestway Cement plans further expansion, helping it ... |
Sunshine for Argos Honduras23 May 2022, Published under Cement NewsThe Honduran cement industry will see a further round of upgrades and expansion as Argos invests US$23m in key projects at its Piedras Azules and Río Blanquito cement plants. In addition to the expansion of Piedras Azules’ cement capacity, the company will also be investing significantly in renewable energy, including solar power. By Argos, Honduras. The solar farm at Argos’ Piedras Azules plant, inaugurated in 2020 Argos has announced that it will invest US$23m in strategic pro... |
Lafarge Egypt and Lumika sign US$93m solar power pact16 May 2022, Published under Cement NewsHolcim-owned Lafarge Egypt has signed a US$93m long-term agreement with Lumika Renewables Egypt, part of the AP Moller Egypt, to generate 140GWh of solar energy annually, according to Mist News. The two companies will establish a new 50MW power plant – the first plant owned by Lumika in Egypt. The plant will enable Lafarge to use clean energy for 50 per cent of its cement works’ energy consumption. The agreement comes into force by the first quarter of 2024. |
PPC Cement Zimbabwe announces solar investment03 May 2022, Published under Cement NewsPPC Cement Zimbabwe has announced a US$40m solar power investment for its Bulawayo and Colleen Bawn plants to support the company’s energy requirements and help reduce gas supply in the country. The planned projects are expected to have a combined output of 30MW, ow which 17MW will be for internal consumption and the excess to be fed to the national grid, according to a report in the Chronicle. The Bulawayo facility will set up a 10MW plant (set to over over 22ha of land), with 5MW plan... |
Opterra orders 300GWh for renewable energy21 April 2022, Published under Cement NewsStatkraft, Europe's largest producer of renewable energy, has signed a further power purchase agreement (PPA) with Opterra , one of Germany's leading cement manufacturers, on the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables Opterra to further transition its plant operations to a renewable energy supply. Opterra ( CRH group) is adding a further 300GWh of renewable power supplied by Statkraft to its plants in Karsd... |
Reon Energy to install 34MW solar power project for Lucky Cement01 April 2022, Published under Cement NewsLucky Cement and Reon Energy have announced a 34MW captive solar power project with a 5.589MWh Reflex energy storage. The project, set to be installed at Lucky Cement's Pezu plant in Khyber Pakhtunkhwa, will hold not only Pakistan’s largest on-site captive solar plant but also the largest-ever energy storage solution, claims Lucky Cement. The 34MW solar PV project is expected to produce approximately 48GWh annually. The output energy will be used on-site, resulting in substantial s... |
Maple Leaf Cement Co’s expansion project nears completion22 March 2022, Published under Cement NewsMaple Leaf Cement Co (MLCF) is expecting to complete the Kiln Line No 4 expansion at the existing site in Iskanderabad, Mianwali district, Pakistan, in October 2022. This will lead the company to become the fourth largest player in the industry with a single site capacity of 7.7Mta. Addressing a Pakistan Mid Cap Conference 2022 organised by research house Topline, Group Director Finance of Maple Leaf Group, Mohsin Naqvi, disclosed the details of the expansion plan and added that the overa... |
Bamburi Cement orders two solar power plants04 February 2022, Published under Cement NewsBamburi Cement PLC (Holcim group) has signed a power purchase agreement (PPA) with Momnai Energy Ltd to set up two solar plants adjacent to the company's Mombasa cement plant and Nairobi grinding plant in Kenya. The project, which aims to save on power costs as well as contribute to net zero carbon emissions by switching to renewable energy, is set to deploy solar power systems with a total capacity of 14.5MW and 5MW for Bamburi's Mombasa plant and Nairobi (Athi River) grinding plan... |