$479M Boost for Egypt''s First 1GW Solar-Battery Project by AfDB, EBRD, BII The project, to be developed by Obelisk Solar Power SAE and led by renewable energy company Scatec ASA, will be located in the Nagaa
The project, developed by Scatec ASA through its subsidiary Obelisk Solar Power SAE, will help stabilize Egypt''s energy grid and reduce reliance on fossil fuels.
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 their renewable
By 2026, Egypt plans to add 12 gigawatts of renewable energy, with a focus on wind and solar power. The government has secured $3.5 billion in investments for wind projects and plans to install 5.6 GW of solar energy.
EBRD is supporting Egypt''s renewable-energy sector by providing a US$ 30 million equity bridge to Obelisk Solar Power. The project will support the green energy
Egypt''s first integrated solar and battery storage plant developed by Scatec will deliver dispatchable clean energy, enhance grid stability and manage peak demand BII''s
One of the most exciting projects under Trinasolar''s belt is the collaboration with AMEA Power on the Abydos Battery Energy Storage Project in Aswan. This ambitious initiative marks Africa''s largest solar PV development
The project will support the green energy transition in Egypt while helping keep the grid stable and reliable in the face of growing electricity demand. It is being developed
The 300MWh BESS is Egypt''s first utility-scale Solar and storage integrated facility, designed to enhance grid stability and support the country''s clean energy transition.
Solar & Storage Live Egypt is the definitive event that brings all these elements together, under one roof - new technology, new efficiencies, new thinking, and best practices in the industry. The show unites all stakeholders – utilities,
Scatec''s CEO, Terje Pilskog, stated, "This will be Egypt''s first hybrid solar and storage project, and the signing of the contract demonstrates Scatec''s strong position as one of
The report indicated that the first urgent phase of projects (scheduled to be connected before the summer of 2025) will have a total capacity of 3,700 megawatts of solar
Scatec has further signed a mandate letter with a consortium of development finance institutions for the long-term non-recourse project debt at attractive terms, with financial close expected in the next few months.
Doaa A.Moneim, Monday 12 May 2025 The European Bank for Reconstruction and Development (EBRD) has committed $30 million in equity bridge financing to Egypt''s Obelisk Solar Power, a special
In conclusion, "Solar & Storage Live Egypt" represents a premier platform for professionals in the solar energy and energy storage sector for knowledge exchange, networking, and business initiation, significantly contributing to the
AMEA Power''s projects in Egypt now includes: The 500MW + 300MWh Abydos Solar PV Project: The solar PV project is due to be commissioned by October 2024. The 500MW Amunet Wind Project: The
Scatec ASA has officially commenced construction on its 1.1 GW Obelisk Solar PV and BESS project in Egypt. The BESS will have a capacity of 100 MW/200 MWh . The
The project, expected to be fully operational by the third quarter of 2026, will generate an estimated 2,772 gigawatt-hours of clean, reliable, and affordable energy annually
This BESS project is the first initiative under Egypt''s accelerated 4GW Emergency Renewable Energy Program, aimed at addressing rising electricity demand and
Part of Egypt''s Largest Solar Power Site The new battery system is an extension of AMEA Power''s 500 MW Solar PV Plant, which is currently the largest operational
Ahram Online, Monday 16 Jun 2025 Egypt has secured $479.1 million in financing to develop a 1.1 GW solar photovoltaic (PV) power plant integrated with a 200 MWh Battery Energy Storage
The global push for clean energy has found a significant new champion in Egypt, with the announcement of a landmark US$479.1 million loan for the nation''s first integrated
Dubai, United Arab Emirates - 12 August 2025 – Trina Storage, a global leader in energy storage solutions and a business unit of Trinasolar, proudly announces the
The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.
Norwegian renewable energy firm Scatec has officially begun construction on the Obelisk solar-storage giga-project in Egypt, marking a significant step in the country''s clean
What is Solar & Storage Live Egypt? Solar & Storage Live Egypt is Egypt''s largest renewable energy exhibition that celebrates the technologies at the forefront of the transition to a greener, smarter, more decentralised energy
Dubai, United Arab Emirates, 15 July 2025 – AMEA Power, one of the fastest-growing renewable energy companies in the region, is pleased to announce the successful
The 300MWh BESS is Egypt''s first utility-scale Solar and storage integrated facility, designed to enhance grid stability and support the country''s clean energy transition.
This is a major milestone in the implementation of the EU-Egypt Strategic Partnership. This particular project is a concrete example of a fruitful collaboration between the EU and the EBRD for supporting green transition in
Conclusion The Egypt solar energy market has experienced significant growth, driven by government support, declining costs, and abundant solar resources. The market presents opportunities for large-scale solar projects, rural
Dubai, United Arab Emirates, 15 July 2025 – AMEA Power, one of the fastest-growing renewable energy companies in the region, is pleased to announce the successful commissioning of Egypt''s first-ever utility-scaled
Scatec has broken ground on Egypt''s first major hybrid solar and battery project after securing a $30 million equity bridge loan from the European Bank for Reconstruction and
Norway''s renewable energy producer Scatec will begin work on Egypt''s first hybrid solar power and battery storage project in the first half of 2025. The company has signed a US dollar-denominated 25-year power purchase
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
