Newsletter subscribe
Tag: Scatec Solar
Green-Hydrogen

Orascom joins Scatec, Fertiglobe in Ain Sokhna Green Hydrogen Project

Posted: November 25, 2021 at 12:26 pm   /   Renewables

OC joins in on Egypt’s first-ever green hydrogen facility: Orascom Construction is joining a developer consortium of Norway’s Scatec, Nassif Sawiris-backed Fertiglobe, and the Sovereign Fund of Egypt to build the 100 MW green hydrogen plant in Ain Sokhna, the company said in a statement. The construction giant will be responsible for the local works on the facility, which […]

No Comments read more
green hydrogen

SFE, Scatec, Fertiglobe agree to build green hydrogen plant in Egypt

Posted: October 14, 2021 at 6:35 pm   /   Renewables

Norwegian solar company Scatec has entered an agreement with the Sovereign Fund of Egypt and Nassef Sawiris-backed Fertiglobe to develop a new 50-100 MW green hydrogen plant in Ain Sokhna. Solar company will majority own the facility which will have an offtake agreement with Fertiglobe. Scatec has entered into an agreement with ammonia producer Fertiglobe […]

No Comments read more
Scatec Benban

Scatec Solar secures guarantees with MIGA for Benban Project in Egypt

Posted: April 5, 2020 at 1:55 pm   /   Renewables

Scatec Solar has secured guarantees with the Multilateral Investment Guarantee Agency (MIGA) covering its equity investments in the Benban project, the company said in a statement. The guarantees cover 90% of investments by Scatec Solar for up to 15 years against the risks that it will be unable to legally convert EGP into hard currency […]

No Comments read more
Scatec Benban

Scatec Solar completes its 390 MW Benban project in Egypt

Posted: October 19, 2019 at 3:51 pm   /   Renewables

Scatec Solar and partners have grid connected the last of the six 65 MW solar power plants in Egypt. This marks the completion of the 390 MW Benban solar project located near Aswan in Upper Egypt. The project is part of the 1.8 GW Benban solar park – one of the world’s biggest solar parks […]

No Comments read more
Scatec

Scatec Solar begins commercial operation of its fourth Benban plant

Posted: August 22, 2019 at 11:29 am   /   Renewables

Scatec Solar reaches commercial operation for its fourth 65 MW power plant in Egypt: Scatec Solar and partners have grid connected and reached commercial operation for another 65 MW of the 390 MW Benban project in Egypt. Scatec Solar now has 260 MW in operation in Egypt and expects to have completed the remaining two […]

No Comments read more
Scatec

Scatec Solar starts commercial operation for third 65 MW power plant in Egypt

Posted: June 16, 2019 at 1:11 pm   /   Renewables

Scatec Solar and partners have grid connected and reached commercial operation for another 65 MW of the 400 MW Benban project in Egypt. Scatec Solar now has 195 MW in operation in Egypt and expects to have completed the project during second half of 2019. The Benban solar power plant is Scatec Solar’s largest project […]

No Comments read more
Scatec

Scatec Solar connects first part of 400 MW solar plant in Egypt to grid

Posted: April 12, 2019 at 9:32 am   /   Renewables

First part of Scatec Solar’s 400 MW solar power plant in Egypt in commercial operation. Scatec Solar and partners have grid connected and reached commercial operation for 65 MW of their 400 MW Benban project in Egypt. The Benban solar power plant is Scatec Solar’s largest project under construction, and the Company is the largest […]

No Comments read more

Egypt to boost use of renewable energy to 22% by 2020

Posted: April 20, 2017 at 2:27 pm   /   Renewables

Egypt aims to increase its use of renewable energy to 22 percent by 2020, the country’s Investment and International Cooperation Minister Sahar Nasr told Regional Director of Norway’s Scatec Solar Morten Langsholdt during a Cairo meeting on Sunday. According to an official press release by the ministry, Nasr told Langsholdt that Egypt is keen on […]

No Comments read more

Scatec Solar and partners sign Power Purchase Agreements for 400 MW in Egypt

Posted: April 20, 2017 at 2:13 pm   /   Renewables

Scatec Solar and partners have signed 25-year Power Purchase Agreements for delivery of electricity from six solar plants totaling 400 MW (DC) with the Government of Egypt. The signing ceremony took place in Cairo on April 13 in the presence of Egyptian Minister of Electricity and Renewable Energy Dr. Mohamed Shaker El-Markabi and the Ambassador […]

No Comments read more

UN body to certify Scatec Solar projects in Africa including Benban

Posted: February 21, 2017 at 12:37 pm   /   Renewables

The United Nations Framework Convention on Climate Change (UNFCCC) will certify and credit carbon emissions avoided from solar electricity generated by three Scatec Solar power plants in Africa, with Egypt’s Benban project undergoing validation. The certification establishes that the carbon emissions avoided from the solar facilities are real, verifiable and permanent. The successful registration of […]

No Comments read more