Solar energy storage in Alexandria Egypt

Q: Does Scatec ASA have a battery storage facility in Egypt?

The Borup battery storage facility,… 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 storage system (BESS) project is backed by non-recourse financing of USD 479.1 million.

UK''s BII backs Egypt''s first solar-plus-storage project

6 days ago · In Egypt, that means expanding our work beyond standalone generation to integrated solutions combining solar, storage, and grid upgrades, ensuring clean energy

2024 Aug 09

BII support strengthens Egypt''s clean energy shift

6 days ago · The institution''s Head of Office and Coverage Director in Egypt, Sherine Shohdy, described the Obelisk initiative as a milestone for the country''s long-term clean energy

2025 Jul 08

Scatec begins big Egyptian solar, battery project

May 8, 2025 · Norwegian renewables developer Scatec has broken ground on its 1.1 GW solar, 100 MW/200 MWh battery energy storage project in Egypt. The project, billed as Egypt''s first

2025 Sep 07

EDF Power Solutions to take 20% stake in Scatec solar-storage

3 days ago · Oslo-based Scatec ASA says it will retain majority ownership in Egypt''s 1.1 GW solar and 100 MW/200 MWh Obelisk project, with EDF Power Solutions taking 20% and Norfund 25%.

2024 Mar 12

Scatec and Amea Power to Build Landmark Solar +Energy Storage

Sep 14, 2024 · Scatec ASA has signed a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC). The project aims to build a 1 GW solar

2024 Jan 08

Scatec starts construction of large scale solar

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.

2025 Oct 03

Egypt solar energy: Impressive 1.2GW Storage Deal Boost

4 days ago · Egypt''s renewable energy sector is taking another major leap forward with a new landmark agreement. A powerful consortium, including Infinity Power and Hassan Allam

2024 Dec 03

Scatec begins big Egyptian solar, battery

May 8, 2025 · Norwegian renewables developer Scatec has broken ground on its 1.1 GW solar, 100 MW/200 MWh battery energy storage project in

2025 Oct 18

Scatec starts construction of large scale solar and battery storage

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

2024 Nov 06

Egypt Expands Renewable Energy with Solar and Storage

Mar 17, 2025 · The agreement covers a 1.1-gigawatt (GW) solar photovoltaic (PV) power plant with a 100-megawatt (MW) battery energy storage system (BESS) with 200-megawatt hours

2024 Mar 05

Scatec Secures Funding for Ambitious 1.1GW Solar and 100MW Energy

Jun 16, 2025 · 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

2024 Dec 25

Scatec Locks In $479M Financing for Egypt''s 1.1 GW Solar

Jun 16, 2025 · 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 storage

2025 Mar 04

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3 FAQs about Solar energy storage in Alexandria Egypt

Does Scatec ASA have a battery storage facility in Egypt?

The Borup battery storage facility, 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 storage system (BESS) project is backed by non-recourse financing of USD 479.1 million.

How much solar power will Egypt have in 2026?

The second phase, comprising 564 MW of solar, is scheduled for the second half of 2026. Electricity from the project will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), supported by a sovereign guarantee.

How many MW solar & battery storage will be built in 2026?

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 2026 and the second phase of 564 MW solar in the second half of 2026.