Bahraini, Chinese, Egyptian and Emirati groups have agreed to develop a new manufacturing facility in Egypt, with an annual production capacity of 2GW of solar cells, 2GW of solar modules and 1GWh of battery energy storage systems (BESS). . The European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), and British International Investment (BII), the United Kingdom's development finance institution and impact investor, are providing a total of US$ 479. 1 million to Obelisk Solar Power SAE, a. . 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 project will deliver energy under a 25-year USD-denominated Power Purchase Agreement (PPA) with the Egyptian Electricity. .
[PDF Version]
Could battery storage be a game-changer for Egypt's energy sector?
The integration of battery storage with solar PV is a game-changer for Egypt's energy sector, providing reliable and dispatchable renewable energy and reducing reliance on fossil fuels. It not only meets Egypt's current energy needs but also sets a precedent for future dispatchable hybrid renewable energy projects in the region.”
How does solar power work in Egypt?
It takes Egypt's green energy transition to another level by harnessing the power of the sun, not just during the day but also at night, thanks to the combination of solar and battery storage. The project addresses the growing demand for electricity and reduces the need to import expensive fossil fuels.
Could Egypt's summer heat be a solar solution?
Whilst Egypt's summer heat increases its electricity demand, it could also offer a solution. The south of Egypt, where Scatec's new project is breaking ground is “in the magic solar belt,” said Elgendy. According to the Global Solar Atlas, Egypt has the fourth-highest solar PV (photovoltaic) potential of any country.
LEGO's new Vietnam factory will run on 100% renewable energy by 2026, using rooftop solar and Vietnam's first large-scale battery storage solution. Facility marks a major investment in Asia-Pacific expansion, supporting increased manufacturing capacity and future regional demand. Marubeni Green Power Vietnam, a wholly owned subsidiary of Marubeni—one of Japan's largest general trading 'sōgō shōsha' companies—partnered with. . Indefol Solar specializes in providing integrated renewable energy solutions, including solar technologies, for homes, buildings, and industries. When the US$203 million factory in the northern city of. .
[PDF Version]
Sodium-ion batteries are gaining traction as low-cost, sustainable alternatives to lithium-ion systems, particularly for applications where energy density can be traded for safety, raw material abundance, and manufacturing simplicity. . This technology strategy assessment on sodium batteries, released as part of the Long-Duration Storage Shot, contains the findings from the Storage Innovations (SI) 2030 strategic initiative.
[PDF Version]