Technical FAQs 3

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.

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Egyptian quality solar solar container energy storage system

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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

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.

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

Scatec signs equity partnership agreements

Dec 8, 2025 · Oslo/Cairo, 08 December: Scatec ASA, a leading renewable energy solutions provider, has signed shareholder agreements with

Scatec begins big Egyptian solar, battery

May 8, 2025 · The first phase of the project is scheduled for commercial operation during the first half of next year and the site is backed by a 25

Scatec begins big Egyptian solar, battery project

May 8, 2025 · The first phase of the project is scheduled for commercial operation during the first half of next year and the site is backed by a 25-year power purchase agreement (PPA) from

Egypt solar energy: Impressive 1.2GW Storage Deal Boost

Dec 8, 2025 · A powerful consortium, including Infinity Power and Hassan Allam Utilities Energy Platform, has partnered with Egypt''s Ministry of Electricity and the Egyptian Electricity

150MW/300MWh! Egypt''s Largest Standalone Energy Storage

Jul 7, 2025 · The project is located in the Kom Ombo area of Aswan, Egypt, and was built as an expansion of an existing 500 MW PV power plant. The energy storage station has a capacity

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

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

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%.

Scatec Breaks Ground on 1.1 GW Solar and Battery Storage

May 7, 2025 · Scatec ASA has officially commenced construction on its landmark 1.1 GW Obelisk solar power project in Egypt, which includes an integrated 100 MW/200 MWh battery energy

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

Scatec Breaks Ground on 1.1 GW Solar and

May 7, 2025 · Scatec ASA has officially commenced construction on its landmark 1.1 GW Obelisk solar power project in Egypt, which includes an

Scatec signs equity partnership agreements for Obelisk in Egypt

Dec 8, 2025 · Oslo/Cairo, 08 December: Scatec ASA, a leading renewable energy solutions provider, has signed shareholder agreements with Norfund, the Norwegian investment fund for

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