Egypt signed deals on November 5, 2025, with a joint venture to develop two solar power projects totaling 1,200 MW and 720 MWh of battery storage. The agreements involve the Egyptian Electricity Transmission Company (EETC) and the Ministry of Electricity. "This will be the first hybrid solar and battery. Oslo-based Scatec ASA says it will retain majority ownership in Egypt's 1. 1 GW solar and 100 MW/200 MWh Obelisk project, with EDF Power Solutions taking 20% and Norfund 25%. 1 GW. 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. Courtesy: Trina Storage Energy storage also has entered the picture. AMEA Power, a. Dubai, United Arab Emirates, 15 July 2025 – AMEA Power, one of the fastest-growing renewable energy companies in the region, is pleased to announce the successful commissioning of Egypt's first-ever utility-scaled Battery Energy Storage System (BESS). The projects will be developed by Infinity.