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The 1.1GW/200MWh solar-plus-storage project will be built in two phases. Image: Scatec via LinkedIn.

Scatec secures US$479 million for 1.1GW/200MWh hybrid project in Egypt

June 16, 2025
Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.
A Scatec project in Egypt.

Scatec reports YoY revenue growth in Q1 2025

May 9, 2025
Scatec has announced revenues of NOK2.39 billion (US$230 million) and profits of NOK1 billion (US$96 million) in the first quarter of 2025.
The Benban solar park in Egypt.

Scatec signs PPA for 1.1GW/200MWh Egypt solar-plus-storage, commissions Botswana PV

March 18, 2025
The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.
JA Solar, AMEA Power and CEEC sign the module supply deal.

JA Solar to supply modules for 1GW Abydos II solar-plus-storage project

January 21, 2025
Chinese manufacturer JA Solar will supply n-type modules for the 1GW Abydos Phase II solar-plus-storage project in Egypt.
Aerial view of AMEA Power Abydos solar PV plant in Egypt

AMEA Power commissions 500MW solar PV plant in Egypt

December 16, 2024
UAE-based renewable power developer AMEA Power has commissioned a 500MW solar PV plant in the Aswan governorate, Egypt.
The Masdar signing ceremony.

Masdar signs deals for over 6GW of new Egyptian solar capacity, plus 4GW of manufacturing capacity

November 21, 2024
Masdar plans to develop including over 6GW of new solar capacity and 4GW of new solar manufacturing capacity in Egypt.
Hatem Moushir2013

End-of-life Egyptian wind farm to be repowered as 3.3GW PV+wind hybrid

November 18, 2024
An ageing 545MW wind farm in Egypt is to be reborn as a 3GW PV and wind hybrid facility under a provisional repowering plan agreed last week.
Scatec project in Brazil

Scatec posts third quarter revenues of US$270 million, driven by divestment strategy

November 1, 2024
Scatec has published its latest financial results, which include revenues of NOK2.97 billion (US$270 million) in the third quarter of 2024.
Image: AMEA Power.

AMEA Power to build 1GW solar PV project with 600MWh BESS in Egypt

September 13, 2024
AMEA Power is set to build one of Africa’s largest solar PV projects in Egypt, with a generation capacity of 1GW, after signing several PPAs.
Scatec and the EETC sign the agreement.

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

September 12, 2024
Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW solar-plus-storage project.

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