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.  

Two major Middle East and North Africa (MENA) region projects combining solar PV and battery storage have progressed in Saudi Arabia and Egypt through ACWA Power and Scatec, respectively.

Hassan Allam Utilities and Infinity Power have signed agreements with Egypt’s Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company for two renewable energy projects in the country.  

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.

Developer AMEA Power will collaborate with Trinasolar and Energy China ZTPC to install battery storage at a 500MW solar PV plant in Egypt, Africa.

Independent power producers (IPP) Scatec and AMEA Power will build solar and storage projects totalling 1.1GWh of storage capacity for power purchase agreements (PPAs) in Egypt.

Solar energy companby KarmSolar has secured US$2.4 million in bank financing for a solar-plus-storage project in Egypt.

News in brief from around the world in energy storage.