Multinational consortium agrees to invest US$220 million in solar PV, BESS factory in Egypt

By JP Casey
LinkedIn
Twitter
Reddit
Facebook
Email

Bahraini, Chinese, Egyptian and Emirati groups have agreed to develop a new manufacturing facility in Egypt, with an annual production capacity of 2GW of solar cells, 2GW of solar modules and 1GWh of battery energy storage systems (BESS).

Egyptian prime minister Dr Mostafa Madouly attended a signing ceremony for a land usufruct contract on Wednesday for the facility, dubbed the ‘Atom Solar Project’, which will be built in New Alamein City, in the Sokhna Industrial Zone in north-eastern Egypt.

Backers include Bahraini investor Infinity Capital, leading Chinese manufacturer JA Solar, Egyptian component repair group AH Industrial Management and UAE-headquartered investor Global South Utilities (GSU). The groups will invest a total of US$220 million into the project, and the Egyptian government noted that it expects construction and trial operation to take three years.

The government also noted that the factory’s cells will be designated for “export to global markets”, which could be significant as many countries with growing solar sectors look to reduce their reliance on Chinese cell production. According to the International Energy Agency (IEA), China accounted for 98% of global solar wafer production, and 92% of global solar cell production, as of 2023.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Meanwhile, the factory’s modules will be delivered to the domestic and nearby “regional” markets in the Middle East and Africa. 

Project partner JA Solar was the supplier of PV modules to Abydos Solar, a 500MW solar PV project in Egypt to which the country’s first large-scale BESS was recently integrated. It was delivered by developer AMEA Power, while the site’s 300MWh of battery storage equipment was supplied and integrated by Trina Storage.

To read the full version of this story, visit PV Tech.

Read Next

August 27, 2025
Chinese solar PV inverter and energy storage provider Sungrow has announced two major developments: plans for a Hong Kong IPO and the release of its half-year 2025 interim report.
August 27, 2025
Hithium will supply two projects in Saudi Arabia with ‘the world’s first mass-produced kiloampere-hour (kAh) cells’.
Premium
August 25, 2025
Public Service Company of New Mexico (PNM) has laid the groundwork for a new 120MWh distribution-connected portfolio of battery energy storage system (BESS) projects.
August 22, 2025
Three companies, Energy Vault, Richardson Electronics, and Fluence, have made strategic moves to create a secure BESS equipment supply chain.
August 22, 2025
Spanish utility Iberdrola and power conversion specialist firm Ingeteam have partnered to hybridise Spanish operational PV plants with battery energy storage systems (BESS).

Most Popular

Email Newsletter