We are pleased to announce contracting with Integrated Renewable & Sustainable Communities (IRSC), a leader in renewable energy solutions, to install a 2.5 MWp solar power plant at Oriental Weavers International, the largest manufacturing facility in the group, in 10th of Ramadan City. This project represents a major leap in our commitment toward sustainability and our decarbonization strategy.
The new solar power plant will represent 4% of the electricity used in our largest manufacturing facility, cutting carbon emissions by 4,000 tons annually. With a $1.5 million investment, this project aligns perfectly with Egypt’s Vision 2030 and our dedication to reducing our carbon footprint.
We are proud to continue this journey and contribute to a greener future.