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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Egypt solar Container Substation

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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

Scatec bags funds for Egypt solar-plus-storage project

Jun 16, 2025 · Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.

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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

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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

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 solar and BESS

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Egypt to Construct Solar Energy and Battery Storage Facility

Sep 20, 2024 · Construction of Egypt''s first solar and battery storage hybrid project is set to commence in the first half of 2025. The project will feature a 1 GW solar capacity paired with a

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

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

EDF power solutions joins a 1.1GW "solar+battery" project in Egypt

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

Scatec bags funds for Egypt solar-plus

Jun 16, 2025 · Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.

Scatec: 1.1GW Egypt Solar/Storage PPA

Mar 14, 2025 · Norwegian renewables developer Scatec on 13 March signed a 25-year power purchase agreement (PPA) with Egypt Aluminium for its ''Obelisk Solar'' project to be sited next

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