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.
PV manufacturer and EPC Philadelphia Solar says it has achieved commercial operation of an expansion phase to one of the first solar projects built in the MENA region where energy storage has been added.
