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
Norwegian renewable energy developer Scatec has initiated construction on a 1.1 GW solar and 100 MW/200 MWh battery storage project in Egypt. This development, located in
Egypt Aluminium is the largest industrial electricity consumer in Egypt. The solar and storage project will help the company reduce its carbon emissions and meet the European
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
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
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 has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW solar-plus-storage project.
Scatec, a leading independent power producer (IPP), today announced it has successfully secured US$479 million in funding for its Obelisk hybrid solar and battery storage
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
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
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.
Scatec ASA has successfully reached financial close for its large-scale "Obelisk" hybrid solar and battery storage project in Egypt, marking a major milestone in the country''s
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,
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.
Oslo based Scatec ASA has reached financial close for the 1.1GW solar + 100MW/200MWh BESS project in Egypt. The hybrid solar and battery storage project is
Pioneering Hybrid Renewable Energy This project stands out as one of Egypt''s first hybrid renewable energy ventures, integrating solar power generation with substantial
Scatec has signed a mandate letter with several development financing institutions to secure concessional financing for the project. The company anticipates financial
Norton Rose Fulbright has advised Scatec.Scatec has reached financial close for the Obelisk hybrid solar and battery energy storage system project in Naquaa Hammadi,
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
JA Solar has signed a 1.25GW module procurement agreement with the China Energy Engineering Corporation (CEEC) for Africa''s largest photovoltaic (PV) storage project, to be located in Egypt. The deal was signed on 14 January
India''s drive for renewables has accelerated the need for storage, but there are many factors to success, writes Charith Konda of IEEFA.
Upon completion, it will be the first integrated solar photovoltaic and battery storage project of this scale in Egypt, representing a significant milestone in the country''s
The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.
First published: 15-Jun-2025 19:56:42Staff WriterNorway-headquartered renewable energy company Scatec ASA announced on Sunday that it has reached financial close for the Obelisk
Discover the latest news on Egypt''s Obelisk solar project, a 0 million hybrid solar power and battery storage initiative spearheaded by Norwegian firm Scatec. Learn how this
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 project is scheduled for commercial operation during the
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
This will be Egypt''s first hybrid solar and battery storage project, and is expected to serve as a pilot model for integrating battery storage with renewable energy in the country.
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country''s solar potential, and premium prices for gas exports make the case
Egypt has commenced construction on the Obelisk solar project, a $590 million hybrid solar power and battery storage initiative led by Norwegian renewable energy firm Scatec.
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
