Scatec ASA signs PPA with Egyptian Electricity Transmission Company for 1.95 GW solar and 3.9 GWh BESS project in Egypt

Norwegian renewable energy company Scatec ASA has secured a long-term Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a significant 1.95 GW solar and 3.9 GWh Battery Energy Storage Systems (BESS) project in Egypt. This agreement will facilitate the development of an integrated solar and BESS hybrid project, alongside two standalone BESS facilities, aimed at providing round-the-clock renewable baseload power and grid stability services. The project, representing the largest solar and battery storage installation in Africa and Scatec's biggest investment, will operate under a 25-year, USD-denominated PPA, with Scatec also responsible for EPC, Asset Management, and O&M services.

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Scatec ASA

company · 5 deals

Scatec is a renewable energy solutions provider focused on accelerating access to reliable and affordable clean energy in emerging markets. They develop, build, own, and operate renewable energy plants.

Egyptian Electricity Transmission Company (EETC)

company · 1 deals

Egyptian Electricity Transmission Company (EETC) is responsible for the transmission of electricity in Egypt. The company likely plays a key role in connecting renewable energy projects to the grid.