50kW Egyptian Solar Storage Container Transaction

Scatec Locks In $479M Financing for Egypt''s 1.1 GW Solar + 100

Scatec ASA has reached financial close for the "Obelisk" hybrid solar and battery storage project in Egypt. The 1.1 GW solar plus 100 MW/200 MWh battery energy storage

2024 Dec 02

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Egypt: Scatec, AMEA Power close financing on

The financial close of two significant large-scale projects in Egypt could mark progress for the country''s nascent energy storage sector.

2025 Dec 17

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Egypt''s 1GW / 200MWh solar-plus-storage project secures EBRD

The 200 MWh storage system will provide crucial grid services in Upper Egypt, a region that has historically suffered from weaker transmission infrastructure. The project is

2025 Aug 08

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BII, AfDB, EBRD provide $479m support for Egyptian solar and storage

Obelisk is expected to be fully operational by the second half of 2026. The power produced will be sold under a dollar-denominated 25-year power purchase agreement with the

2024 May 20

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Project Finance Brief: Scatec Secures $479 Million for Solar and

Scatec, a renewable energy solutions provider, has secured $479.1 million of non-recourse project financing to develop the Obelisk hybrid solar and battery storage project

2025 Dec 26

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EBRD backs 1 GW solar-plus-storage project in Egypt with $30

The EBRD has provided a $30 million equity bridge loan to support Egypt''s first major hybrid renewable energy project, which has now officially broken ground. The

2025 Jan 05

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EBRD backs Egypt''s first solar and battery storage project

The funds will contribute to the equity commitments required for the construction of a 1 gigawatt-alternating current (GWac) photovoltaic solar plant and a 200 MWh battery

2026 Feb 14

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Egypt: Norway''s Scatec and EETC launch hybrid solar and battery storage

Norway-based renewable energy developer Scatec announced that it has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission

2024 Dec 17

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Scatec and Amea Power to Build Landmark Solar +Energy Storage

Scatec has already signed a letter of intent with several development finance institutions and is expected to reach a financial agreement with lenders, with construction of

2025 Jun 10

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Egypt: Scatec, AMEA Power close financing on large-scale

The financial close of two significant large-scale projects in Egypt could mark progress for the country''s nascent energy storage sector.

2024 May 28

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1.1GW Egyptian Solar Storage Project for Scatec – PVTIME

PVTIME – Norwegian renewable energy firm Scatec has announced two significant milestones in Africa: it has secured an equity agreement for the 1.1GW, 200MWh

2025 May 16

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