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.
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.
The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026 and the second phase of 564 MW solar in the second half of 2026.
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The 200 square meter facility is targeting an annual manufacturing capacity of 2 GW of solar cells and 2 GW of solar modules. The solar cell production will be 100% for export.
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Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. …
Power anywhere, rapid deployment LZY mobile solar systems integrate foldable, high-efficiency panels into standard shipping containers to generate electricity through rapid …
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 …
What is a solarfold photovoltaic container?at full power. The solarfold Photovoltaic Container is mobile for universal deployment with a light and versatile substructure. The semi-automatic …
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Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD …
Technological advancements are dramatically improving solar storage container performance while reducing costs. Next-generation thermal management systems maintain optimal …
Earlier in December, Scatec signed shareholder agreements with Norfund and renewable energy developer EDF Power Solutions to partner on the Obelisk hybrid project in …
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This study compares solar and wave energy in Alexandria, Egypt, evaluating their costs and environmental feasibility. Utilizing Alexandria’s high solar irradiance and promising wave …
The Alexandria model for solid waste management is a private sector initiative lead by the Governorate of Alexandria and institutionally supported by USAID. The Governorate of …
SunContainer Innovations - With over 2,800 annual sunshine hours, Alexandria''''s coastal location makes it a prime candidate for solar energy adoption. Solar mounting systems - the backbone …
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