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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Completed deals: 107

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Egypt - recent news

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.
22 May 25
Capricorn provides Chief Executive's statement ahead of AGM
Capricorn Energy, a Company with operations in Egypt’s Western Desert, has provided Chief Executive Randy Neely's statement ahead of its AGM.
12 May 25
Egypt: EBRD backs Egypt’s first solar and battery storage project
The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s renewable-energy sector by providing a US$ 30 million equity bridge to Obelisk Solar Power, a special purpose vehicle owned by Scatec, a leading global renewable energy developer and a key strategic client for the EBRD.
08 May 25
Egypt: Capricorn reaches agreement to consolidate, extend and improve Western Desert concessions
Capricorn has been informed by the Egyptian General Petroleum Corporation ('EGPC') that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (Operator) into a new, single integrated concession agreement.

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