Industrial park cairo solar container project

What is Scatec's bifacial solar project in Egypt?

This is Scatec’s largest and our first project using bifacial solar modules. The bifacial modules are producing energy from both sides of the solar panel, increasing the total clean energy generation. The project holds a 25-year PPA with the Egyptian Electricity Transmission Company.

Who owns the bifacial solar panels in Egypt?

The bifacial modules in Egypt are owned by KLP Norfund Investments AS and Africa 50. They are producing energy from both sides of the solar panel, increasing the total clean energy generation.

How many MW solar & battery storage will be built in 2026?

The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026 and the second phase of 564 MW solar in the second half of 2026.

Who is financing a green hydrogen production facility in Egypt?

The green hydrogen production facility in Egypt is being financed by EBRD, FMO, IsDB, ICD and Green CF. Scatec has partnered with Fertiglobe, The Sovereign Fund of Egypt and Orascom Construction to develop, build, own and operate this 100 MW facility in Ain Sokhna.

Did Scatec enter the PPA with Egyptian electricity transmission company?

We are pleased to have entered the PPA with Egyptian Electricity Transmission Company. We will now finalise land lease agreements, grid connection agreements, and financing, and prepare for construction of the project,” says Scatec CEO Terje Pilskog.