Cairo large solar container equipment company factory operation

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.

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 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.

What is Scatec doing in Egypt?

Scatec is delivering electricity from six solar plants totalling 380 MW to the Government of Egypt under 25-year Power Purchase Agreements signed in 2017. The Benban site near Aswan in Upper Egypt was Scatec's largest one-site project in 2019, featuring bifacial solar modules for the first time.

Does Scatec have a power purchase agreement with Egypt aluminium?

Scatec and Egypt Aluminium have signed a 25-year USD-denominated corporate Power Purchase Agreement (PPA) for a 1.1 GW Solar PV + 100 MW/200MWh BESS project in Egypt backed by sovereign guarantee.

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.