TAQA Arabia to invest $30m in new solar power stations

Egypt’s TAQA Arabia, announced on Tuesday its commitment to reducing carbon emissions as part of the country’s national plan.

The company aims to convert 20,000 vehicles to run on natural gas over the next three years. Furthermore, TAQA Arabia plans to boost solar energy production by setting up new power stations, with an estimated investment of $30 million.

This initiative aligns with the country’s broader efforts to promote sustainable energy solutions and combat climate change.

Attribution: TAQA Arabia’s disclosure to EGX

Subediting: M. S. Salama