Scatec starts construction of large scale solar and battery
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
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
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
Jul 31, 2024 · By Mohammed Jetutu, in Cairo Mahmoud Esmat, Egypt''s new Electricity and Renewable Energy Minister, has met with senior officials from State Grid Corporation, the
5 days ago · PARIS, Dec. 9, 2025 /PRNewswire/ -- EDF power solutions enters Obelisk, a hybrid project located in Egypt combining a 1.1GW solar plant and a 100MW/200MWh battery storage
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
Dec 8, 2025 · 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
The folding solar containers use bifacial TOPCon solar panels, which have high conversion efficiency. These panels make full use of Egypt''s abundant solar resources and, compared to
6 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%.
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.
Dec 28, 2023 · CAIRO, Dec. 27 (Xinhua) -- Egyptian and Chinese companies signed a memorandum of understanding on Wednesday to develop a massive 10-gigawatt solar energy
5 days ago · Egypt is advancing plans for one of its largest clean-energy developments, with an international consortium outlining a $15-billion renewable energy complex in the South Sinai
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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.
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.
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.