Scatec signs PPA for 1GW solar-plus-storage project in Egypt

Facebook
Twitter
LinkedIn
Reddit
Email
Scatec and the EETC sign the agreement.
“This will be the first hybrid solar and battery project in Egypt,” said Terje Pilskog. Image: Scatec.

Norwegian renewable power developer Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 1GW solar-plus-storage project currently under development in the country.

The project will be co-located with a 100MW/200MWh battery energy storage system (BESS), the first such co-located project in Egypt. The EETC is an Egyptian state-owned generation and transmission company, operating under the Egyptian Electricity Holding Company (EEHC), and will acquire power from the upcoming Scatec project for 25 years.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

While Scatec said that it had no further information to offer when asked about the technical specifications of the project, it noted that it plans to reach financial close and begin construction in the first half of 2025. Scatec itself will provide engineering, procurement and construction (EPC) and operations and maintenance (O&M) services for the project.

“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,” said Scatec CEO Terje Pilskog. “We are pleased to have entered the PPA with EETC. We will now finalise land lease agreements, grid connection agreements and financing, and prepare for construction of the project.”

The news follows a number of advancements in Scatec’s project portfolio seen this year, with projects in Tunisia, Cameroon and Brazil making progress. The company’s latest project will also significantly expand its operations in Egypt, with Scatec currently operating just 380MW of solar generation capacity in the country.

Solar is currently one of the smaller power generation sources in Egypt, with figures from the International Renewable Energy Agency (IRENA) reporting that solar accounted for just 28% of the country’s installed renewable energy capacity in 2023, which itself made up just 11% of its energy mix. Egypt currently has more than 50GW of fossil fuel generation capacity in operation, but has already announced plans to install 4GW of new renewable energy capacity by next summer.

The news also follows investments made into Egypt’s solar manufacturing sector, with EliTe Solar announcing plans to build an 8GW cell and module facility in the country earlier this week.

Read Next

June 25, 2025
JinkoSolar has submitted a 133.76MWc solar-plus-storage project in New South Wales to the federal government under the EPBC Act.
June 25, 2025
State-owned firm Solar Energy Corporation of India (SECI) has launched a solar-plus-storage tender seeking 1.2GW of solar PV.
June 24, 2025
Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.
June 24, 2025
Independent power producer (IPP) Enery Development has formed a 50-50 joint venture (JV) with Romanian oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
June 20, 2025
The Australian government has given the green light for a landowner-led 250MW solar-plus-storage project in Tasmania.
June 16, 2025
Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico