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 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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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 …
Learn MoreA transformative, dispatchable clean-energy asset integrating 1,000 MW of solar PV with 600 MWh of battery storage to meet Egypt’s rising electricity demand. The largest single-site …
Learn MoreOverview British International Investment (BII), the African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD) are providing a …
Learn MoreEarlier in December, Scatec signed shareholder agreements with Norfund and renewable energy developer EDF Power Solutions to partner on the Obelisk hybrid project in Egypt. Located in Nagaa …
Learn MoreScatec 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 storage in Egypt.
Learn MoreThe project combines large-scale solar with battery storage capabilities. Norwegian renewables developer Scatec has commenced construction on the 1.1 GW solar plant with 100 MW/200 MWh battery …
Learn MoreScatec 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 …
Learn MoreThe EBRD has provided a $30 million equity bridge loan for Egypt’s first major hybrid renewable energy project in Nagaa Hammadi, combining 1.1 GW of solar power with a …
Learn MoreThe project combines large-scale solar with battery storage capabilities. Norwegian renewables developer Scatec has commenced construction on the 1.1 GW solar …
Learn MoreEarlier in December, Scatec signed shareholder agreements with Norfund and renewable energy developer EDF Power Solutions to partner on the Obelisk hybrid project in …
Learn MoreScatec 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 …
Learn MoreConstruction 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 …
Learn MoreScatec 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 …
Learn MoreOslo/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 …
Learn MoreScatec 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 storage system.
Learn MoreLatest developments in solar PV technology, energy storage advancements, commercial power solutions, and industry insights from our team of renewable energy experts across Poland.
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