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.
Work is underway on a 1.1 GW solar project with 100 MW/200 MWh of accompanying battery energy storage in Egypt. The first phase of the project is scheduled for commercial operation during the first half of next year.
The project, billed as Egypt’s first hybrid solar and battery project, will be built in two phases. The first will see 561 MW of solar constructed alongside 100 MW/200 MWh of battery storage, with a targeted date for commercial operation in the first half of next year.
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.
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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 …
A Mobile Solar Power Container is a self-contained, transportable solar energy system built into a shipping container or customized enclosure. Designed for flexibility, rapid …
The Egyptian Electricity Transmission Company has signed PPAs with Scatec and AMEA Power for a combined 2 GW of solar power and large-scale battery storage projects.
Key Figures & Findings: Scatec, a Norwegian renewable power producer, has begun construction of its 1.1GW Obelisk solar and 100MW/200MWh battery storage project in …
Earlier in December, Scatec signed shareholder agreements with Norfund and renewable energy developer EDF Power Solutions to partner on the Obelisk hybrid project in …
Oslo/Cairo, 08 December: Scatec ASA, a leading renewable energy solutions provider, has signed shareholder agreements with Norfund, the Norwegian investment fund for developing …
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 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 …
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...
Scatec starts constructing large-scale solar, battery storage project in Egypt Work is underway on a 1.1 GW solar project with 100 MW/200 MWh of accompanying battery energy …
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 …
Latest developments in photovoltaic technology, energy storage advancements, PV products, and industry insights from our team of renewable energy experts.
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