egypt

Scatec, the EIB, the EBRD and the AfDB have signed a US$217 million investment agreement for the Dandara solar-plus-storage project in Egypt.

Scatec and the EBRD have signed a share purchase agreement establishing a renewable energy investment platform for Egypt.

The EBRD has announced a US$265 million loan for a new 1.2GW solar PV plant, to be co-located with a 600MWh BESS, in Minya, Egypt.

Scatec has started commercial operations at the second and final phase of its gigawatt-scale Obelisk solar-plus-storage project in Egypt.

Aiko has signed a 1.2GW module supply deal with Infinity Power to supply modules for the latter’s Nefer Menya solar-plus-storage project.

Scatec has established an equity partnership with the National Bank of Egypt for its Obelisk 1.1GW solar and 100MW/200MWh BESS project.

EBRD backs HAU Energy with US$65 million loan for 200MW solar PV and 120MWh storage project in Benban, Egypt.

After a sharp decline in 2023, PV manufacturing capital expenditure is set to bounce back this year, and not just in China, writes Moustafa Ramadan.

Independent power producer (IPP) Scatec has reached commercial operations for the first phase of its 1.1GW solar-plus-storage project in Egypt.

EliTe Solar has commissioned its 5GW PV manufacturing facility in the Suez Canal Economic Zone (SCZONE) in Egypt.