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16 Jun 25![]() |
Egypt: Scatec reaches financial close for the 1.1GW solar + 100MW/200MWh BESS Obelisk project Scatec has reached financial close for the 'Obelisk' hybrid solar and battery storage project in Egypt. 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. The second phase of 564 MW solar in the second half of 2026. |
16 Jun 25![]() |
Egypt: Scatec signs PPA for 900MW onshore wind project in Egypt Scatec has signed a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 900 MW wind project. |