The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in
The funds will support the development of a 1-gigawatt (GW) solar photovoltaic (PV) power plant with an integrated 200-megawatt-hour (MWh) Battery Energy Storage
(AfDB)-Egypt''s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak demand. It is expected to
The integrated power plant will be developed by Scatec, a leading renewable energy solutions provider, and built in two phases. The first phase, with 561 MW of solar and
Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100
Both solar projects will have a capacity of 27.1 MW each, with the Dolan project located in Washington County and the Hawthorn project in Rensselaer County. The construction of the projects is expected to begin in the
The project will be developed in two phases, with the first 561 MW of solar capacity plus the battery storage system scheduled for commercial operation in the first half of
The funds from this Obelisk Hybrid Solar and BESS Project Financial Close be provided will be utilized in the development of a 1.1 GW solar photovoltaic (PV) power plant
Scatec has reached financial close for the ''Obelisk'' hybrid solar and battery storage project in Egypt. The project will be constructed in two phases. The first phase of 561
Egypt''s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability and manage peak demand Part of the loan will benefit from a European Fund for Sustainable Development first
In the first phase, Scatec will construct 561 MW of solar capacity and 100 MW/200 MWh of battery storage, aiming for commercial operation in the first half of 2026. The
Phased Development and Strategic Partnerships Construction for the Obelisk project began in May 2025 and will be rolled out in two phases. The first phase includes 561
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.
The integrated power plant will be developed by Scatec, a leading renewable energy solutions provider, and built in two phases. The first phase, with 561 MW of solar and
Scatec, a Norwegian leader in renewable energy solutions, has officially commenced construction on its ambitious 1.1 GW Obelisk solar project coupled with a 100
Norway-headquartered Scatec ASA has reached financial close for the Obelisk hybrid solar and battery storage project in Egypt. It has secured $479.1 million in funding from
This is AMEA Power''s first grid-scale energy storage project in North Africa and a cornerstone in its broader strategy to deliver integrated renewable and storage solutions
Scatec ASA has started construction on a 1.1 GW solar + 100 MW/200 MWh battery storage project in Egypt It involves $590 million in CapEx, with 80% of it targeted
Egypt has achieved a significant milestone in its renewable energy journey with the financial close of its first utility-scale Battery Energy Storage System (BESS). AMEA Power,
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 single-site solar facility in Egypt.
Egypt''s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability and manage peak demand Part of the loan will benefit
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...
The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in
The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of
The project will be developed in two phases, with the first 561 MW of solar capacity plus the battery storage system scheduled for commercial operation in the first half of
The first phase consists of a 561 MW solar + 100 MW/200 MWh battery storage system and is expected to reach commercial operational date in the first half of 2026. The
First published: 15-Jun-2025 19:56:42 Staff Writer Norway-headquartered renewable energy company Scatec ASA announced on Sunday that it has reached financial close for the Obelisk
The project will be developed in two phases. The first phase—comprising 561 MW of solar capacity alongside the battery storage system—is scheduled to come online in the
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
AMEA Power has announced the financial close of the 300MWh utility-scale Battery Energy Storage System (BESS) project located in Egypt. The BESS Project is an extension of AMEA
On completion, it will be the first integrated solar photovoltaic and battery storage project of this scale in Egypt, and a significant milestone in the country''s energy
