Norwegian renewable energy producer Scatec has secured a 25-year PPA with the EETC for a 1 GW solar power plant and a 100 MW/200 MWh battery energy storage system (BESS). With construction scheduled for 2025, this will be the first hybrid solar and battery project in Egypt..
Norwegian renewable energy producer Scatec has secured a 25-year PPA with the EETC for a 1 GW solar power plant and a 100 MW/200 MWh battery energy storage system (BESS). With construction scheduled for 2025, this will be the first hybrid solar and battery project in Egypt..
Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by. .
The European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), and British International Investment (BII), the United Kingdom’s development finance institution and impact investor, are providing a total of US$ 479.1 million to Obelisk Solar Power SAE, a. .
Norwegian renewables developer Scatec has broken ground on its 1.1 GW solar, 100 MW/200 MWh battery energy storage project in Egypt. The project, billed as Egypt’s first hybrid solar and battery project, will be built in two phases. The first will see 561 MW of solar constructed alongside 100. .
Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt, the energy generated from the facility to be sold under a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by a sovereign. .
The Egyptian Electricity Transmission Company (EETC) has signed power purchase agreements (PPAs) with two renewable energy developers – Scatec and AMEA Power – to advance large-scale solar and battery storage projects in the country. Norwegian renewable energy producer Scatec has secured a 25-year. .
Egypt Alexandria energy storage project successfully connected to the grid Egypt Alexandria energy storage project successfully connected to the grid Will Egypt build a microgrid? Earlier this year, state-owned utility Egyptian Electricity Holding Co. held an expressions-of-interest tender for the.
