The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  

AMEA Power has completed commissioning of the first large-scale battery energy storage system (BESS) in Egypt, ahead of the start of commercial operations.

The financial close of two significant large-scale projects in Egypt could mark progress for the country’s nascent energy storage sector.

Egypt’s government has signed contracts with developer AMEA Power for two large-scale battery energy storage projects, the country’s first.