Hybrid renewable assets and free battery market will have Spain
The Spanish government has allocated €150 million to catalyze energy storage projects linked to renewable installations and launched the first tender for this combination this
Egyptian solar set to expand beyond the massive 1.8
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country''s solar potential, and premium prices for gas exports make the case
Egypt Secures $600 Million Funding for Massive 1.1 GW Solar Project
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
$479M Boost for Egypt''s First 1GW Solar-Battery Project by
The project aligns with Egypt''s goal to achieve 42% renewable energy in its power mix by 2030 and is a central component of its Nexus of Water, Food, and Energy
EBRD Funds Egypt Solar & Battery Storage Project
Pioneering Hybrid Renewable Energy This project stands out as one of Egypt''s first hybrid renewable energy ventures, integrating solar power generation with substantial
Egypt incentivising green hydrogen projects: Egypt
As part of Egypt''s ''Vision 2030'' long-term strategy agenda launched in February 2016 to incentivise the building of green hydrogen projects in Egypt, the Egyptian government has now issued Law No. 2 of 2024 (the
Egypt''s 1GW / 200MWh solar-plus-storage project secures EBRD
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
BII signs over $300 million in agreements to
The projects will advance Egypt''s ambition to generate 42% of its electricity from renewables by 2030. The Gulf of Suez Wind Farm and the Obelisk solar and battery storage project developed by Scatec will add over 2
CEEC Largest Integrated Solar and Energy Storage Power Plant in Egypt
The Benban solar and storage hybrid power plant in Egypt is an independent power project developed and invested by AMEA Power. Located in the Benban area in
AfDB, BII and EBRD support solar and battery storage project in Egypt
Upon completion, it will be the first integrated solar photovoltaic and battery storage project of this scale in Egypt, representing a significant milestone in the country''s
Trina Storage Delivers Egypt''s First Utility-Scale Solar-Plus-Storage
Trina Storage Delivers Egypt''s First Utility-Scale Solar-Plus-Storage Project in Just 60 Days Trina Storage, the energy storage division of Trinasolar and a global leader in
MENA Solar and Renewable Energy Report
In collaboration with: The Middle East and North Africa saw 2019 again confirm the growth and importance of commissioning large projects and launching additional phases of their renewable
Scatec signs landmark 25-year PPA for Egypt''s first
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
EBRD invests in hybrid solar and storage project in Egypt
The funds will support the construction of a 1-gawatt-alternating current (GWac) photovoltaic solar plant and a 200 MWh battery energy storage system (BESS) in Nagaa
Scatec signs landmark 25-year PPA for Egypt''s first hybrid solar
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
Scatec starts construction of large scale solar and
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-denominated 25-year Power Purchase Agreement
Egypt''s Energy Revolution: Trina Storage Unveils
Discover how Trina Storage has successfully launched Egypt''s first utility-scale solar-plus-storage project in just 60 days. Learn more about their cutting-edge energy solutions
Egypt''s bold 2030 Vision to transform the energy sector
Underscoring the pivotal role of the oil & gas sector to Egypt''s development, H.E. Badawi explains how it was able to accomplish major successes geared towards achieving Egypt 2030 Vision, unlocking the sector''s
Scatec signs PPA for 1 GW solar and 100 MW/200 MWh battery storage
"This will be the first hybrid solar and battery project in Egypt and demonstrates Scatec''s strong position as one of the largest renewable energy producers in the country.
Scatec Reaches Egypt''s Obelisk Hybrid Solar and BESS Project
The funds from this Obelisk Hybrid Solar and BESS Project Financial Close be provided will be utilized in the development of a 1.1 GW solar photovoltaic (PV) power plant
Egypt Lights the Way with EBRD Funded Solar and
Egypt''s landmark solar and battery storage project in Nagaa Hammadi is more than just a power plant — it''s a beacon of what''s possible when innovation, investment, and international cooperation come together.
Implementing Renewable Energy in Egypt: State of
International organizations and national governments are keen to achieve sustainable development based on renewable energy sources and systems such as solar energy, wind energy, biomass
New projects bringing Egypt closer to 42% renewable energy goal by 2030
The government of Egypt has approved four new renewable energy projects with an overall installed capacity of 400 MW. These include both solar and wind generators, with
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