The foundation stone of ATUM Solar complex in Egypt, which is an integrated manufacturing complex for solar cells, panels, and energy storage systems, was laid on December 17, 2025, in the presence of senior government officials and international investors at the Suez Canal Economic Zone – SCZONE.
The project, which has an overall investment of $220 million, goes on to bring together partners from four countries – Global South Utilities – GSU from the UAE, Egypt’s AH for Industrial Management, JA Solar as a technical investor from China, and Infinity Capital from Bahrain.
The ATUM Solar complex in Egypt is spread over 200,000 square meters- m² within the TEDA Egypt industrial park located at Ain Sokhna Integrated Zone and also comprises three facilities – a solar cell manufacturing plant having 2 gigawatts – GW capacity, a solar panel plant with 2 GW capacity, and an energy storage systems facility having a capacity to store 1 gigawatt-hour – GWh, one of the cabinet statements noted.
The complete production of the solar cell plant is going to be exported; meanwhile, the energy within the storage facility is going to be directed to cover part of the local demand, and the rest is going to be exported to the regional markets.
The statement went on to add that the project is going to gradually increase the local content ratios by depending on locally produced aluminum as well as glass as the production inputs.
The Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El Wazir, along with the Chairman of the SCZONE, Walid Gamal El Din, went ahead and attended the groundbreaking ceremony with the UAE Ambassador to Cairo and also Managing Director of TEDA Egypt, Tsao Hui.
Gamal El Din went ahead and affirmed that the project indeed goes ahead and supports the efforts of the authority to localize the green energy industries and also integrate their value chains, which include solar cells and panels along with storage systems.
Notably, the facility brings together complementary expertise that spans industrial management, manufacturing, renewable energy development, and investment. A Solar, which is a leading Chinese photovoltaic manufacturer, has gone ahead and established quite a prominent presence across the energy sector of Egypt through numerous projects, which include a 1.25 GW module supply project when it comes to the Abydos Phase II solar-plus-storage project and also a 10.1 megawatt -MW ground-mounted power plant located in Aswan’s Toshka.
GSU, which is part of the Resources Investment of Abu Dhabi, stresses renewable energy development throughout the Middle East and Africa and recently went on to announce $1 billion in energy projects for Yemen, which includes solar and wind along with distribution network initiatives.
AH for Industrial Management, which is led by Ahmed Abu Hashima, the Egyptian industrialist, is a part of the Egyptian Industrial Investment Group that also includes Egyptian Steel.
The Bahraini partner, Infinity Capital, goes on to bring the financial expertise to the consortium. The company apparently had a diversified portfolio of real estate, private equity, and venture capital, as well as financial securities throughout numerous geographies.
