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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
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.
Provision of a senior loan of up to USD 173.5 million from EBRD to Obelisk Solar Power, a Special Purpose Vehicle (SPV) wholly owned by Scatec ASA, to finance the
NTPC Vidyut Vyapar Nigam Ltd (NVVN)''s tender for 1,000 MWh (500 MW x 2 hours) of standalone battery energy storage systems (BESS) with viability gap funding in Rajasthan has resulted in winning prices ranging from
China Energy Engineering Corporation (CEEC), a state-owned infrastructure giant, has launched one of China''s largest energy storage procurements to date, tendering 25
In the past three months multiple BESS (Battery-based Energy Storage system) tender results have pointed to yet another mini-disruption in the fast-evolving Indian renewable energy sector. Energy storage targets for 2028
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2025 is shaping up to be the year when energy storage battery prices make lithium-ion cells cheaper than a Starbucks latte per kilowatt-hour. With prices for large-scale
The battery can conquer harsh environment, long lasting high performance in high and low temperatures. 12V GEL battery is designed for 12 years life time floating design life at 25℃, 2V GEL battery is for 18 years.
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On June 3, 2025, China Energy Engineering Corporation (CEEC), a leading state-owned infrastructure company, initiated a significant procurement process for 25 GWh of lithium iron
Bidding closed yesterday (16 July) in SECI''s tender for 1,200MW of solar PV and 600MW/1,200MWh battery energy storage systems (BESS) to be deployed at locations across
Argentina awards 667 MW in inaugural battery storage tender In addition to awarding 30% more capacity than originally planned, Argentina''s first battery energy storage
China Energy Engineering Corporation (CEEC), a state-owned infrastructure giant, has launched one of China''s largest energy storage procurements to date, tendering 25 GWh of lithium iron phosphate (LFP)
Egypt secures $479M loan for first solar-battery plant, backed by AfDB, EBRD, and BII, led by Scatec''s Obelisk SPV for green energy transition.
Discover the advantages of gel battery and how they excel in solar energy, battery backup, & standby applications. Compare gel batteries vs. AGM
This tender is from the country of Egypt in African region. The tender was published by American Chambers on 04 Jun 2025 for Construction and development of a 1 GWac solar PV plant with
The company has signed Capacity Purchase Agreements to develop the first standalone battery energy storage stations in Egypt. There will be a 500MWh BESS project located in Zafarana and a 1,000MWh BESS
Greece''s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in
With Egypt aiming for 42% renewable energy by 2030, the demand for battery storage systems (BESS) has skyrocketed. But what''s driving the Cairo energy storage price trends?
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
Investor and renewables developer Frontier Power Ltd has said it is planning to lodge ''multiple'' vanadium flow battery (VFB)-related bids in a long-duration energy storage (LDES) tender expected before July.
The battery can conquer harsh environment, long lasting high performance in high and low temperatures. 12V GEL battery is designed for 12 years life time floating design life at 25℃, 2V
2025 Battery Storage Market: Where Are We Headed? The global energy storage market, already a $33 billion beast, is sprinting toward 2025 with innovations that''d make even Tony Stark
Search all the latest and upcoming battery energy storage system (BESS) projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Egypt with our comprehensive online
Norwegian solar energy company Scatec has started building Obelisk, a project in Egypt with a capacity of 1.1 gigawatts (GW) of solar energy and 100 MW/200 MWh of battery
Seen as a pivotal moment, this tender reflects China''s transition from policy-driven to economically sustainable energy storage growth, aligning with its ambition to deploy
Clean Horizon releases its 2025 energy storage price forecast for Italy, covering MACSE auction details, business models and revenue streams.
This tender with title Construction and development of a 1 GWac solar PV plant with a 200 MWh Battery Energy Storage System (BESS) located in Nagaa Hammadi, Egypt -
A gel battery works by using a gel electrolyte instead of a liquid electrolyte, as in conventional lead-acid batteries. The gel is a viscous material that contains sulfuric acid, water and silica, and acts as an ion conductor.
