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.

What is a hybrid energy project in Egypt?

It will be one of the first hybrid renewable energy projects in Egypt and is expected to serve as a pilot for uptake of the technology in the country. The project will support the green energy transition in Egypt while helping keep the grid stable and reliable in the face of growing electricity demand.

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Egypt Solar Container 15MWh

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