Scatec signs PPA for large-scale solar-plus-storage project in Egypt

Norway's Scatec Asa has signed a 25-year power purchase agreement (PPA) with Egypt Aluminium for a 1. 1 GW solar plant with 100 MW/200 MWh of battery energy storage. The agreement has been billed as Egypt's first utility-scale PPA with an industrial offtaker. Norwegian renewables developer Scatec has signed a 25-year corporate PPA for a 1. 1 GW solar plant with 100 MW/200 MWh of battery energy storage in Egypt. The agreement, backed by a sovereign guarantee, is with Egypt Aluminum, the country's largest aluminum producer and industrial electricity consumer, which exports 60% of its output to ...

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