China has helped Egypt build green energy and promoted the green and low-carbon transformation of global energy

 

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On December 14, Egypt's largest integrated light storage power station built by China - Egypt Benban light storage hybrid power station held a groundbreaking ceremony in Egypt's Aswan province. Egyptian Prime Minister Mostafa Madbouly attended and announced that the 500MW PV power plant in Khambo, which was previously built by China, was officially put into operation. These two projects are a key step in implementing Egypt's Clean Energy Action Plan to promote environmental and economic sustainability. He thanked China for its outstanding contribution to Egypt's green and sustainable development, and hoped that outstanding Chinese enterprises would give full play to their own advantages, continue to increase investment and construction in Egypt, further improve the quality and efficiency of Egypt's electricity supply, and help Egypt accelerate the realization of Vision 2030.

Egypt Benban light storage hybrid power station is located in the Benban region of southern Egypt, is the completed Kang Weng Bo 500MW photovoltaic project of the second phase expansion project, including 1GW photovoltaic and supporting 600MWh energy storage design, procurement, construction, installation and commissioning and operation and maintenance, to further improve the proportion of renewable energy in Egypt and the stability of the grid. The construction of the project will provide more than 7,000 jobs, promote the development of the local economy, after the completion of the annual power generation of about 3,000 GWH, to meet the needs of 500,000 households, carbon dioxide emissions of 1.56 million tons, to bring great convenience to the lives of local residents.

In recent years, China has made a lot of efforts to help Africa's green energy development. It has cooperated with Africa to build hundreds of clean energy and green development projects, and is at the forefront of international green energy cooperation with Africa. China has provided Africa with affordable solar panels and other green energy products and technological assistance. In Kenya, the Garissa Photovoltaic Power Station, the largest photovoltaic power station in East Africa built by China, generates more than 76 million KWH of electricity annually, meeting the power supply needs of 70,000 local households, and reducing tens of thousands of tons of carbon dioxide emissions every year. The construction of the Keileta hydropower Station in Guinea has greatly alleviated the electricity shortage in the capital Konarik and surrounding areas. In addition, the Karuma Hydropower Station, the largest hydropower station in Uganda invested by China, will not only achieve 3.48 million tons of carbon emissions per year after it is put into use, but also is expected to bring more than $200 million in revenue to Uganda. In addition, there are South Africa de A wind farm, Egypt Gulf of Suez wind power project, Algeria photovoltaic project, etc., not only to meet the growing demand for electricity in African countries, but also to ease the pressure on the ecological environment in Africa is of great significance.

Why is China at the forefront of international energy cooperation? The first is China's strong policy and financial support. Various policies such as the Energy Law issued by the Chinese government provide a clear roadmap for the development of green energy projects. At the same time, through fiscal subsidies, tax incentives, green bond financing and other incentives to attract more capital to the green sector. Secondly, China vigorously promotes the development of renewable energy, wind turbines and solar photovoltaic panels are becoming more and more mature in technology, and the capture capacity of wind and light is greatly improved, achieving cost reduction and efficiency. According to the data of the National Energy Administration of China, China's total installed capacity of wind and light power generation has jumped to the first in the world, and the utilization rate of wind power generation has remained above 95%, showing its strong strength in the field of renewable energy.

In the turbulent period of global geopolitical conflicts and increased risks of disruption of industrial and supply chains, China has successfully navigated a path of energy transformation that ADAPTS to the general trend of global development and the needs of The Times, providing an important driving force for global energy transformation. At present, with strong policy support, large-scale investment, significant technological innovation, broad market demand and active international cooperation, China is at the forefront of international green energy cooperation. We look forward to strengthening project cooperation through technology sharing, jointly addressing global climate challenges, and actively promoting global green and low-carbon energy transformation. Build a global energy governance framework featuring extensive consultation, joint contribution and shared benefits.