Suez Canal Container Terminal (SCCT) has signed a power purchase agreement with Egypt’s New and Renewable Energy Authority (NREA), in coordination with the Suez Canal Economic Zone (SCZONE), to meet its entire electricity demand from renewable energy sources.
The agreement places SCCT among the early adopters of fully renewable-powered port operations in Egypt, marking a further step in the decarbonisation of port infrastructure along one of the world’s key shipping corridors.
The signing ceremony took place at the Cabinet headquarters in Cairo on 1 July 2026 in the presence of Dr. Mahmoud Esmat, Ministry of Electrical and Renewable Energy, Dr. Mostafa Madbouly, Prime Minister of Egypt, and Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone.
"The State places great importance on expanding the adoption of clean energy across various development projects. These agreements represent a successful model of integration between government entities and the private sector in delivering the State’s green transition objectives, enhancing the efficiency of ports and industrial zones, and strengthening the competitiveness of the Egyptian economy."
…stated Dr. Mostafa Madbouly, Prime Minister of Egypt.
“These agreements reflect the progress achieved by the Authority in integrating environmental sustainability standards into the development and operation of the ports under its jurisdiction. The Authority continues to work towards providing an integrated investment environment that supports investors in adopting global best practices in the fields of energy and operational efficiency,” Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone says.
As stated, the power purchase agreement is “one of its kind”, and a result of more than two years of close coordination between SCCT, SCZONE, the Ministry of Electricity represented by NREA and EgyptERA. It creates a structure that other port operators in Egypt can build on as the country advances its renewable energy goals.
"This agreement is a defining moment for SCCT and for sustainable port operations in Egypt. By powering one of the region’s busiest gateways entirely with renewable electricity, we are cutting emissions at scale while showing what is possible when industry and government move together on the energy transition. I want to thank our partners at SCZONE, Ministry of Electricity represented by NREA and EgyptERA for the vision and partnership that made this possible."
…said Keld Mosgaard Christensen, CEO, Suez Canal Container Terminal.
Once implemented, the agreement is expected to eliminate approximately 30,000 tonnes of CO₂ emissions annually by replacing fossil fuel-based grid electricity with solar and wind power.
Given the scale of SCCT’s operations, this represents a 6% reduction in APM Terminals’ group emissions against its baseline. The initial agreement will run for one year, with an option to renew.
The power purchase agreement forms part of APM Terminals’ broader global decarbonisation strategy, which aims to source 100% renewable electricity by 2030 and achieve net-zero greenhouse gas emissions across its value chain by 2040.
The company currently sources around 62% of its electricity from renewable sources globally, with the SCCT agreement marking another step toward its transition to low-carbon terminal operations.
"The collaboration between the New and Renewable Energy Authority and Suez Canal Container Terminal represents a model for partnerships aimed at promoting the use of renewable energy within ports. This contributes to reducing the carbon footprint of operational activities and keeping pace with the evolving requirements of global trade and supply chains, which are placing increasing emphasis on sustainability standards […]"
…said Walid Gamal El-Din.
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