Dakahlia Group is a leading Egyptian conglomerate that has been operating in the country since 1958. The company has a diverse portfolio of businesses that span across several industries, including agriculture, food processing, real estate, and renewable energy. With a strong commitment to sustainability and decarbonisation, Dakahlia Group has emerged as a pioneer in the field of corporate energy and renewable energy solutions in Egypt.
One of the key areas of focus for Dakahlia Group is decarbonisation. The company recognises the urgent need to reduce carbon emissions and mitigate the impacts of climate change. To this end, Dakahlia Group has implemented several initiatives to reduce its carbon footprint and promote sustainable practices across its operations. For example, the company has invested in energy-efficient technologies and renewable energy solutions to reduce its reliance on fossil fuels. Additionally, Dakahlia Group has implemented waste reduction and recycling programs to minimise its environmental impact.
Corporate energy is another area of expertise for Dakahlia Group. The company provides a range of energy solutions to businesses across Egypt, including corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a business and a renewable energy provider, where the business agrees to purchase a specified amount of renewable energy at a fixed price. This allows businesses to reduce their carbon footprint and energy costs while supporting the growth of renewable energy in Egypt.
Dakahlia Group has been at the forefront of the corporate PPA market in Egypt, having signed several agreements with businesses across different sectors. For example, in 2020, Dakahlia Group signed a 25-year PPA with a leading cement manufacturer in Egypt. Under the agreement, Dakahlia Group will supply the cement plant with renewable energy from a 30 MW solar power plant. This will help the cement manufacturer reduce its carbon emissions by approximately 50,000 tonnes per year.
Renewable energy is a core focus area for Dakahlia Group. The company has invested in several renewable energy projects across Egypt, including solar and wind power plants. In 2019, Dakahlia Group commissioned a 50 MW wind power plant in the Gulf of Suez. The plant is expected to generate approximately 150 GWh of clean energy per year, which is enough to power around 50,000 households. Additionally, Dakahlia Group is currently developing a 200 MW solar power plant in the Aswan region of Egypt. Once completed, the plant will be one of the largest solar power plants in the country.
Dakahlia Group's renewable energy projects are not only helping to reduce carbon emissions but also contributing to the growth of Egypt's renewable energy sector. The company's investments in renewable energy have created job opportunities and supported local communities. For example, the construction of the 50 MW wind power plant in the Gulf of Suez created over 300 jobs during the construction phase and is expected to support around 50 permanent jobs during the operation phase.
In conclusion, Dakahlia Group is a leading Egyptian conglomerate that has demonstrated a strong commitment to sustainability and decarbonisation. The company's focus on corporate energy, corporate PPA, and renewable energy solutions has helped it emerge as a pioneer in the field of sustainable business practices in Egypt. Dakahlia Group's investments in renewable energy projects are not only helping to reduce carbon emissions but also contributing to the growth of Egypt's renewable energy sector. With a strong focus on sustainability and innovation, Dakahlia Group is well-positioned to continue driving positive change in Egypt's business landscape.