Scatec Secures PPA with Egypt for Africa's Largest Solar-Plus-Storage Project

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Researched by Industrial Info Resources (Sugar Land, Texas)--Norwegian renewable energy developer Scatec ASA (Oslo) has secured a long-term power purchase agreement with the Egyptian Electricity Transmission Company (EETC) to develop 1.95 gigawatts (GW) of solar capacity combined with 3.9 gigawatt-hours (GWh) of battery energy storage systems (BESS) in Egypt, creating the largest integrated solar-and-storage project on the African continent.

The agreement is part of Egypt's broader US$1.8 billion renewable energy expansion aimed at accelerating clean power deployment and enhancing grid resilience. Under the contract, Scatec will deliver an integrated solar-plus-storage hybrid facility designed to supply continuous, round-the-clock renewable baseload electricity. In addition, the company will develop two standalone battery-storage projects to provide grid stabilization and ancillary support services.

The portfolio represents the largest single investment in Scatec's history and underscores Egypt's increasing focus on pairing utility-scale renewable generation with energy storage to support its long-term energy transition objectives. Once operational, the projects are expected to generate approximately 6,000 GWh of renewable electricity per year.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read the related project reports.

Scatec will be remunerated under a 25-year, U.S. dollar-denominated, pay-as-produced power purchase agreement, with revenues linked directly to power output from the hybrid system. The company will also deliver engineering, procurement and construction, asset management, and long-term operations and maintenance services across the portfolio.

The development further strengthens Egypt's position as a leading renewable energy market in the Middle East and Africa, as the country seeks to increase the share of clean energy in its power mix and attract sustained international investment.

Industrial Info is tracking 71 renewable energy projects across Egypt, worth more than US$78 billion. Subscribers can see a full list of project reports.

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About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 250,000 current and future projects worth $30.2 Trillion (USD).