Scatec bags funds for Egypt solar-plus-storage
Jun 16, 2025 · Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.
Contact UsCairo, Egypt, June 15, 2025 – IFC today announced an investment to support Egypt's first utility-scale battery energy storage system (BESS), deepening its partnership with AMEA Power, a leading...
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Jun 16, 2025 · Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.
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Sep 12, 2024 · Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW solar-plus-storage project.
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May 8, 2025 · The first phase of the project is scheduled for commercial operation during the first half of next year and the site is backed by a 25-year power
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Feb 4, 2022 · Meeting the national renewable energy targets requires scaling up and systematic integration of variable renewable energy (VRE) systems into the power grid, which in turn
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Jul 15, 2025 · It remains the largest operational single-site solar PV plant in the country. This integrated solar-plus-storage development aligns with Egypt''s
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The project aims at providing the scientific, technological and policy basis required for the development and implementation of large-scale energy storage in Egypt, enabling increased
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Jan 22, 2025 · Speaking during the Energy Transition Council''s (ETC) first working-level national dialogue with Egypt in February 2020, Egypt''s Minister of Electricity and Renewable Energy,
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CAIRO - 3 December 2023: Egypt signed a letter of intent to join the Battery Energy Storage Systems Alliance (BESS), which is one of the main initiatives of the Global Energy Alliance for
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5 days ago · Dubai-based AMEA Power Group has announced the commissioning of Egypt''s first industrial-scale Battery Energy Storage System (BESS). This 300 MWh facility, linked to the
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The project aims at providing the scientific, technological and policy basis required for the development and implementation of large-scale energy
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Aug 1, 2024 · High renewable energy penetration targets cannot be achieved without more reliance on energy storage technologies. This study provides a long-term tec
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12 September, Cairo/Oslo: Scatec ASA has signed a USD denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) for a 1 GW solar
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Aug 16, 2025 · In this article, we explore three business models for commercial and industrial energy storage: owner-owned investment, energy management
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Sep 5, 2024 · In collaboration with: The Middle East and North Africa saw 2019 again confirm the growth and importance of commissioning large projects and launching additional phases of
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Aug 14, 2024 · The Egypt ian energy storage project represents a significant advancement in the country''s renewable energy landscape. 1. It aims to integrate solar and wind power efficiently,
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ASSIUT GOVERNORATE Biogas Plant Owner: Bioenergy Association for Sustainable Development (BASD, Egypt) Capacity: N/A Location: Assiut Status: BASD and National Bank
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Egypt signs letter of intent to join Battery Energy Storage . Sun, 03 Dec 2023 - 06:10 GMT. CAIRO - 3 December 2023: Egypt signed a letter of intent to join the Battery Energy Storage
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Jun 15, 2025 · IFC today announced an investment to support Egypt''s first utility-scale battery energy storage system (BESS), deepening its partnership with
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Feb 26, 2025 · Egypt''s government has signed contracts with developer AMEA Power for two large-scale battery energy storage projects, the country''s first.
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Feb 6, 2025 · With the transformation of the global energy structure and the rapid development of renewable energy, the commercial and industrial energy storage (C&I ESS) market will see
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Mar 18, 2025 · Norway''s Scatec on 13 March said it had signed a 25-year power purchase agreement (PPA) with offtaker Egypt Aluminium (EA) for a giga
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Jul 15, 2025 · AMEA Power has successfully commissioned Egypt''s first-ever utility-scale BESS, a 300 MWh facility located in the Aswan Governorate, south of Cairo, along the NIle. The project
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Sep 14, 2024 · The second project is a 500 MW solar + 300 MWh storage project in Abydos, with the solar portion currently under construction. Amea Power stated that the Benban project will
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Sep 7, 2024 · Mega housing projects, continued industrial growth and a burgeoning IT sector require careful energy management technologies. As a result, the need to balance power
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2 days ago · AMEA Power is building Egypt''s first battery energy storage systems to boost grid stability and increase the role of renewable energy in Egypt''s energy mix.
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Jun 16, 2025 · IFC invests $72M in Egypt''s first large-scale battery storage system, boosting clean energy with 300 MW capacity tied to Kom Ombo''s MW solar plant. Developed in partnership
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Jul 15, 2025 · This integrated solar-plus-storage development aligns with Egypt''s 2035 Integrated Sustainable Energy Strategy and reflects AMEA Power''s
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16 hours ago · China''s Ambassador in Cairo Liao Liqiang said that Chinese companies have successfully completed Egypt''s first fully integrated photovoltaic (PV) energy storage project,
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Sep 13, 2024 · Earlier this year, state-owned utility Egyptian Electricity Holding Co. held an expressions-of-interest tender for the design, construction and operation of a 8.2 MW solar
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Aug 10, 2025 · During the meeting, Minister Esmat provided an update on several key energy projects, including the Abydos 2 solar power project, which has a capacity of 1,000 MW and
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May 7, 2025 · The Arab Energy Fund will provide $90 million in EBL financing maturing in Q2 2028, while the European Bank for Reconstruction and Development (EBRD) will contribute
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Jul 7, 2025 · The project effectively supports Egypt in increasing the proportion of renewable energy, accelerates the implementation of the “2030 Sustainable Energy Strategy,” offers a
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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
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Apr 13, 2024 · In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country''s solar
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May 7, 2025 · Work is underway on a 1.1 GW solar project with 100 MW/200 MWh of accompanying battery energy storage in Egypt. The first phase of the
Contact UsThe first project involves a 1 GW solar plant with a 600 MWh BESS in the Benban area. The second project is a 300 MWh BESS at the site of Amea Power's 500 MW Abydos solar array, which is currently under construction. Both projects are in Egypt's Aswan governorate.
In a separate announcement, Norway's Scatec said it had signed a 25-year PPA with Egyptian Electricity Transmission Co. (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt. “This will be the first hybrid solar and battery project in Egypt,” said Scatec CEO Terje Pilskog.
Earlier this year, state-owned utility Egyptian Electricity Holding Co. held an expressions-of-interest tender for the design, construction and operation of a 8.2 MW solar plant and 2 MW/4MWh battery energy storage system, which would be built at the site of an existing microgrid in western Egypt.
The latest announcements bring Amea Power's total renewables capacity in Egypt to 2 GW of solar and 900 MWh of BESS. The company claims to have projects in 20 countries, with a pipeline above 6 GW and 1.6 GW currently in operation and under or near construction.
Amea Power, based in Dubai, is developing two large-scale renewable projects in Egypt after securing two PPAs with Egyptian Electricity Transmission Co. The first project involves a 1 GW solar plant with a 600 MWh BESS in the Benban area.