Global Infrastructure SherpaScatec reaches Commercial Operations Date for first phase of 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt
561 MW
Capacity
Scatec achieved Commercial Operations Date for the 561 MW solar and 100 MW/200 MWh battery storage first phase of its $1.1 billion Obelisk project.
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The Obelisk project's initial 561 MW solar and 100 MW/200 MWh battery storage system reaching Commercial Operations Date significantly advances Scatec's strategy in emerging markets. This milestone represents a substantial step towards the full 1.1 GW hybrid capacity in Egypt. Scatec's integrated approach, encompassing development, construction, ownership, and operation, demonstrates its commitment to delivering large-scale, reliable clean energy solutions. The successful COD of this complex hybrid system validates the viability of combining significant solar generation with substantial battery storage in the region.
- The first phase comprises 561 MW of solar capacity and the full 100 MW/200 MWh battery storage system.
- The total planned capacity for the Obelisk project is 1.1 GW of solar.
- Scatec ASA, the developer, focuses on accelerating clean energy access in emerging markets.
- The deal type is development, indicating a transition from construction to operational revenue generation.
Timeline
Announced
Feb 23, 2026
Signed
Closed
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