en.Wedoany.com Reported - The Suez Canal Container Terminal (SCCT, part of APM Terminals) has signed a Power Purchase Agreement (PPA) with Egypt's New and Renewable Energy Authority (NREA), enabling the terminal to source 100% of its electricity from renewable energy. This makes SCCT one of the first ports in Egypt to operate entirely on renewable power.
The agreement was signed at the Cabinet headquarters in Cairo, in the presence of Egyptian Prime Minister Dr. Mostafa Madbouly, with several high-level government representatives attending the signing ceremony, highlighting the strategic importance of energy transition for Egypt's port and trade infrastructure.
Dr. Mostafa Madbouly stated that the state places great emphasis on expanding the use of clean energy across various development projects. These agreements represent a successful model of cooperation between government entities and the private sector in achieving national green transition goals, enhancing the efficiency of ports and industrial zones, and boosting economic competitiveness.
Mr. Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), noted that these agreements reflect the authority's progress in integrating environmental sustainability standards into port development and operations. The authority will continue to provide an integrated investment environment, supporting investors in adopting global best practices in energy and operational efficiency.
This PPA, the first of its kind, was reached after over two years of close coordination among SCCT, SCZONE, the Ministry of Electricity represented by NREA, and the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA). It provides a replicable model for other port operators in Egypt as they advance their renewable energy goals.
Keld Mosgaard Christensen, CEO of Suez Canal Container Terminal, described the agreement as a decisive moment for sustainable port operations at SCCT and in Egypt. By fully powering one of the region's busiest gateways with renewable electricity, it demonstrates what is possible when industry and government work together to advance the energy transition.
Once the agreement takes effect, it is expected to avoid approximately 30,000 tonnes of CO2 emissions annually by replacing fossil fuel grid electricity with solar and wind energy. Given SCCT's operational scale, this represents a reduction of about 6% in APM Terminals' group emissions compared to the baseline. The initial agreement is for one year, with an option to renew.
Signing this PPA aligns strongly with APM Terminals' global efforts to decarbonize port operations, bringing it closer to its target of achieving 100% renewable electricity by 2030 and its ambition of reaching net-zero greenhouse gas emissions across its entire value chain by 2040.
Mr. Walid Gamal El-Din added that the cooperation between NREA and SCCT represents a partnership model for promoting the use of renewable energy within ports, helping to reduce the carbon footprint of operational activities and meet the increasingly emphasized sustainability standards in global trade and supply chains.
