Egypt, China Partner on $500m Solar Manufacturing Hub with 5-GW Capacity

Egypt has entered into a $500 million cooperation agreement with China’s Suzhou Wuzhong to localize the production of solar cells and photovoltaic (PV) modules, including the development of a 5-gigawatt integrated industrial complex, the Ministry of Electricity and Renewable Energy announced.

The agreement was signed between Egypt’s Kemet and Suzhou Wuzhong, a subsidiary of GCL Group, during an official visit by Mahmoud Esmat, Minister of Electricity and Renewable Energy, to GCL’s facilities in China.

Under the deal, the two companies will develop a fully integrated manufacturing complex spanning approximately 280,000 square meters, with total investments estimated at $500 million. The project aims to localize the manufacturing of solar cells and PV modules, raise the share of local content in production inputs, and accelerate the transfer and localization of advanced renewable-energy technologies.

The agreement also covers technology transfer, workforce development, knowledge exchange, and innovation, aligning with Egypt’s broader industrial policy and energy-transition agenda.

Ahead of the signing, Minister Esmat held meetings with senior executives of GCL Group, led by Zhuo Gongzhang, to review the size and growth prospects of the Egyptian market and the government’s plans to expand the role of renewable energy within the national energy mix.