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.

Photovoltaic Storage & BESS Technical Resources


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Egypt solar container outdoor power battery EK

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EDF Invests in Egypt''s 1.1 GW Solar-Battery Project

6 days ago · EDF Power Solutions joins Egypt''s Obelisk project, a 1.1 GW solar-plus-battery initiative boosting renewable energy.

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

EBRD Backs 1 GW Solar-Plus-Storage Project in Egypt With

May 15, 2025 · The 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

Work starts on $590m hybrid solar power

May 8, 2025 · Fully operational by 2026 Norwegian renewable energy producer Scatec has started constructing its $590 million first hybrid solar

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 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 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 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

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

Work starts on $590m hybrid solar power project in Egypt

May 8, 2025 · Fully operational by 2026 Norwegian renewable energy producer Scatec has started constructing its $590 million first hybrid solar power and battery storage project in

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

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 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.

EDF Power Solutions to take 20% stake in Scatec solar

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%.

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