The European Bank for Reconstruction and Development (EBRD) has provided a US$30 million equity bridge loan to support Egypt''s first major hybrid renewable energy
The growth of solar and wind power capacities depends largely on their cost and tariff trends. Various domestic policies and global shocks have impacted these two factors. This article examines the trends in solar and wind
Egypt has announced new tariffs for solar energy storage, a major policy shift aimed at accelerating renewable energy investments. The country''s Ministry of Electricity and Renewable Energy has set pricing for solar
Norwegian renewable power producer Scatec ASA (OSE:SCATC) has inked a pact for a project envisaging the deployment of 1 GW of solar power, coupled with 200 MWh of battery storage, in Egypt.
Norway''s Scatec has signed a 25-year PPA with Egyptian Electricity Transmission Co. (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid
UAE-based renewable energy developer AMEA Power is set to build one of Africa''s largest solar PV projects in Egypt, with a generation capacity of 1GW, after signing several PPAs.
The development falls under Egypt''s Nexus on Water, Food and Energy programme launched at COP27. Once fully operational, the project is expected to reduce CO2 emissions by
UAE-based renewable energy developer AMEA Power is set to build one of Africa''s largest solar PV projects in Egypt, with a generation capacity of 1GW, after signing
The Benban solar-storage hybrid power station is an independent power project (IPP) developed by AMEA Power. Located in Egypt''s southern Benban region, the
Renewable energy developer Scatec has signed a US dollar-denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company
Scatec ASA achieves financial close for the "Obelisk" hybrid solar and battery storage project in Egypt, securing USD 479.1 million in non-recourse project financing. Stay
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
1 Background Battery storage costs have changed rapidly over the past decade. In 2016, the National Renewable Energy Laboratory (NREL) published a set of cost projections for utility
The project by Scatec will combine solar power generation with battery storage to boost Egypt''s clean energy capacity and vision . Scatec signs landmark 25-year PPA for Egypt''s first hybrid solar and battery storage project
The project will be Egypt''s first hybrid solar and battery storage project. This milestone aligns with Scatec''s leadership in renewable energy in Egypt. The company is set to
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
AMEA Power, one of the fastest-growing renewable energy companies, signs Power Purchase Agreements (PPAs) to develop largest solar PV in Africa and first utility-scale battery energy storage system in Egypt.
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
It proves our ability to deliver large-scale hybrid projects. We are proud to partner with leading development finance institutions to support Egypt''s clean energy ambitions, and we look forward to delivering this important
On June 15, 2025, Egypt and Norwegian renewable energy developer Scatec announced the financial close on "Obelisk" - a landmark $600 million hybrid solar and battery storage project
12 September, Cairo/Oslo: Scatec ASA has signed a USD denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) for a 1 GW solar
Norwegian energy company Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW solar and 100MW/200
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
Norwegian renewable energy developer Scatec has moved forward on two PV projects, in Egypt and Botswana. The company signed a 25-year power purchase agreement
WORLD SOLAR BESS 13.05.2025 12:58 (UTC+04:00) The European Bank for Reconstruction and Development (EBRD) has provided a US$30 million equity bridge loan to support Egypt''s
Title: Kazar''s .5 Billion Hybrid Plant in Egypt: A Breakthrough in Renewable Energy Description: Discover Kazar''s massive hybrid plant in Egypt, boasting a capacity of 3.1
Discover how Emirati investment firm Kazar is investing .5 billion to establish a cutting-edge hybrid renewable energy station in Egypt''s Zafarana region. This ambitious
Norway''s Scatec has signed a 25-year PPA with Egyptian Electricity Transmission Co. (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt.
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
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
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
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 System (BESS) in the Nagaa Hammadi region of
Oslo/Cairo, 15 June 2025: Scatec ASA has reached financial close for the "Obelisk" hybrid solar and battery storage project in Egypt. The non-recourse project financing comprises USD 479.1 million provided by the European Bank
