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Scatec wins 25-year solar-plus-storage deal in Egypt, Africa’s largest, to boost clean energy.
Scatec has signed a 25-year, USD-denominated power purchase agreement with Egypt’s EETC for a 1.95 GW solar and 3.9 GWh battery storage project, the largest of its kind in Africa.
The integrated solar-BESS system will provide round-the-clock renewable power and enhance grid stability.
The project, part of Egypt’s $1.8 billion in new renewable energy deals, aims to boost clean energy capacity and support the country’s goal of 42% renewables by 2030.
Financial close is expected in late 2026.
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Scatec gana un acuerdo de 25 años de energía solar y almacenamiento en Egipto, el más grande de África, para impulsar la energía limpia.