Scatec partners with EEHC and AfDB for Egypt project.

Scatec is actively participating in COP28, emphasizing renewable energy as a critical climate change solution. During the conference, Scatec signed a cooperation agreement for a 1 GW solar and 200 MWh battery storage project with the Egyptian Electricity Holding Company, supported by the African Development Bank Group. The company highlights hybrid plants’ significance in addressing intermittency challenges and providing reliable, green power.