Cement News tagged under: solar power
Siam Cement Group invests THB100bn in environmental performance16 December 2022, Published under Cement NewsSiam Cement Group has laid out its investment plans for the next five years, showing a strong emphasis on environmental issues and moving towards establishing circular economies. The company announced that it will invest THB100bn (US$2.89bn) through the end of 2027 in areas such as renewable energy, while also continuing efforts to decarbonise its main building materials and chemicals businesses. SCG plans to strengthen its position in manufacturing materials for solar power generation... |
Fauji Cement opens 8.8MW solar power plant01 December 2022, Published under Cement NewsIn its quest to obtain self-sufficiency in power generation, and with the objective of using clean and green energy, Fauji Cement has held an inauguration ceremony at its Wah cement plant , Pakistan. The company's MD, Qamar Haris Manzoor, inaugurated the company's new 8.8MW solar power plant. This will reduce 10,000t of CO 2 emissions, which is equivalent to planting 15,000 trees, claims the cement company. The Wah cement plant will now be producing 60 per cent of its total power need... |
Holcim Romania to develop solar power project17 November 2022, Published under Cement NewsHolcim Romania is developing a photovoltaic park with an installed capacity of 1MWp at its cement plant in Alesd , Bihor County. The solar power project is co-financed within the “Energy programme in Romania”, having Innovation Norway as program operator. The main results targeted by the project include the reduction of greenhouse gas emissions by 383t of CO 2 /year and energy produced from renewable sources, amounting to 1254MWh per year on an average. “Innovation is key to achievi... |
Arabian Cement Co amends solar power contract09 November 2022, Published under Cement NewsArabian Cement Co (ACC) has announced the signing of an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish a Solar Photovoltaic (PV) plant at its Suez facility. The amendment to the agreement aligns with updated regulations recently issued by 'EgyptERA', the Egyptian Electric Utility and Consumer Protection Regulatory Agency. The adjusted contract limits the total solar capacity contracted to 30MW with a maximum of 25MW per one project. Currently, the total sol... |
Lucky Cement's green energy uses will increase in FY2307 November 2022, Published under Cement NewsAKD Research has termed Lucky Cement Pakistan’s largest cement conglomerate. The year 2023 will be a new milestone year for Lucky Cement with its expanded capacity and adherence to ESG compliance . The company will continue to dominate the market share. With the completion of the 3.15Mta expansion at its Pezu plant in December 2022, the company's total cement capacity would increase from 12.15Mta to 15Mta, resulting in its market share to increase from 14.8 per cent to 17.3 per cen... |
Suez Cement orders 45GWh solar power project04 November 2022, Published under Cement NewsSuez Cement Group ( Heidelberg Materials ) signed an electricity generation agreement with Intro Power and Utilities with the aim of constructing a solar power plant at the Suez Cement Factory with investments estimated at EGP350m (US$14.4m). The project will provide a production capacity of 45GWh of clean electricity, which eliminates approximately 22,000t of CO 2 emissions annually or 440,000t over 20 years. The project is scheduled to install solar energy systems with a total capa... |
Shree Cement adds 7MW solar power plant to Panipat factory26 September 2022, Published under Cement NewsGensol Engineering has commissioned a 6.7MWp solar project for Shree Cement Ltd at its Panipat Cement plant, Haryana. The solar power plant is estimated to save approximately 9192tpa equivalent of CO 2 emissions. |
Lucky Cement to install 25.3MW captive solar power plant15 September 2022, Published under Cement NewsGM Finance and Company Secretary of Lucky Cement Ltd, Faisal Mahmood, informed Pakistan Stock Exchange (PSX) that following a feasibility study for a renewable energy project, the company has entered into an arrangement with Orient Energy Systems (Pvt) Ltd for the supply and installation of a 25.3MW captive solar power project at its Karachi plant . The estimated project cost is PKR3bn (US$12.75m),and the company is in the process of establishing Letters of Credit to import equipment... |
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... |