- Landmark deal to support 1 GW PV plant and 200 MWh battery system
- AfDB, EBRD, and BII back Scatec-led project in Nagaa Hammadi
Egypt has secured $479.1 million in blended financing from three major development finance institutions to support its first large-scale integrated solar photovoltaic (PV) and battery storage project. The 1 GW Obelisk Solar Power plant, located in the Nagaa Hammadi region, will include a 200 MWh Battery Energy Storage System (BESS), making it one of the most ambitious renewable energy undertakings on the continent.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
