Egypt is charging ahead on its renewable energy ambitions with a game-changing project in Nagaa Hammadi that combines solar power with battery energy storage technology..
Egypt is charging ahead on its renewable energy ambitions with a game-changing project in Nagaa Hammadi that combines solar power with battery energy storage technology..
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. .
This financing will support the development of a 1.1 GW solar photovoltaic (PV) power plant integrated with a 200 MWh battery energy storage system (BESS) in the country’s Nagaa Hammadi region. The EBRD will provide a loan of up to US$ 173.5 million, of which US$ 101.9 million will benefit from a. .
Cairo, 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 renewable energy developer in Africa, the Middle East, and Central Asia, and the Government of Egypt to. .
Egypt is taking a monumental step in its green energy transition, positioning itself as a continental leader with the development of Africa’s largest solar and battery storage project. This ambitious initiative underscores a major global trend towards integrated renewable energy solutions that. .
Egypt is charging ahead on its renewable energy ambitions with a game-changing project in Nagaa Hammadi that combines solar power with battery energy storage technology. The European Bank for Reconstruction and Development (EBRD) has stepped up to provide a vital US$30 million equity bridge to. .
Cairo, Egypt – In a historic move for North Africa’s energy sector, AMEA Power has successfully commissioned Egypt’s first-ever utility-scale Battery Energy Storage System (BESS) —a 300 MWh facility integrated with its 500 MW Solar PV plant in the Aswan Governorate. The commissioning was completed.
