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New PV manufacturing hub announced by Sunrev and TEDA in Egypt
Sunrev Solar and TEDA–Egypt has started building a $200 million solar component complex in Ain Sokhna to produce modules, cells, wafers, and silicon ingots.
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Scatec reached financial close for Obelisk PV & BESS project in Egypt
Egypt’s 1.1 GW Obelisk hybrid solar and storage project, led by Scatec, has secured $479.1 million in funding from EBRD, AfDB and BII, covering 80% of total costs.
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African Development Bank funds Egypt’s 1 GW Obelisk solar plant in Egypt
A 1 GW solar and 200 MWh storage project in Qena, Egypt has secured $184.1 million loan from AfDB, SEFA, Canada-AfDB Fund, and Clean Technology Fund.
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Egypt approves $388M industrial solar deals
AMEA Power, TAQA Power, Enara Group, and Neptune Energy have secured approval for 400 MW private renewable projects serving industrial clients in Egypt.
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GameChange deployed 3.6 GW solar trackers across MENA & Central Asia
With 3 GW in Egypt and 600 MW in Uzbekistan, GameChange Solar expanded its tracker deployments across MENA and Central Asia using Genius Tracker systems.
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Scatec begins 1.1 GW Obelisk solar project in Egypt
Backed by a 25-year PPA, Scatec has initiated Egypt’s 1.1 GW Obelisk solar project with 100 MW/200 MWh storage, securing $120 million from Arab Energy Fund and EBRD.
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IRSC signs 30-year PPA for PV plant expansion in Egypt with ACC
Arabian Cement Company (ACC) partnered with Integrated Renewable & Sustainable Communities (IRSC) under a 30-year PPA to expand its 17.6 MW Egypt solar plant.
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