Norway's Scatec has signed a 25-year PPA with Egyptian Electricity Transmission Co. (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by. . The European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), and British International Investment (BII), the United Kingdom's development finance institution and impact investor, are providing a total of US$ 479. 1 million to Obelisk Solar Power SAE, a. . Cairo, Egypt, June 15, 2025 – IFC today announced an investment to support Egypt's first utility-scale battery energy storage system (BESS), deepening its partnership with AMEA Power, a leading renewable energy developer in Africa, the Middle East, and Central Asia, and the Government of Egypt to. . Egypt"s first large-scale hybrid solar and battery plant has begun construction as the country looks to its abundant sunshine to help fix its energy crisis.
UniEnergy Technologies and Rongke Power plan to deploy one of the biggest energy storage facility, an 800 MWh flow battery, in the Dalian peninsula in northern China. When commissioned, the Vanadium Flow battery will provide peak-shaving and enhance grid stabilization. The objective of SI 2030 is to develop specific and quantifiable research, development, and deployment (RD&D). . A new advance in bromine-based flow batteries could remove one of the biggest obstacles to long-lasting, affordable energy storage. These advanced energy storage systems are gaining traction as a game-changer for renewable energy integration, offering scalability, longevity, and environmental benefits that traditional batteries struggle to match.