Fully operational by 2026 Norwegian renewable energy producer Scatec has started constructing its $590 million first hybrid solar power and battery storage project in
Renewable energy company Scatec ASA has commenced construction of a 1.1 GW solar project with 100 MW/200 MWh of accompanying battery energy storage in Egypt.
Norway''s Scatec has commenced construction of its 1.1 gigawatt (GW) Obelisk solar and 100 megawatts (MW)/200 megawatt
Oslo/Cairo, 15 June 2025: Scatec ASA has reached financial close for the “Obelisk” hybrid solar and battery storage project in Egypt. The non-recourse project financing comprises USD 479.1
Construction of Egypt''s first solar and battery storage hybrid project is set to commence in the first half of 2025. The project will feature a 1 GW solar capacity paired with a
Egypt has commenced construction on the Obelisk solar project, a $590 million hybrid solar power and battery storage initiative led by Norwegian renewable energy firm
Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD
Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt.
Scatec ASA has reached financial close for the “Obelisk” hybrid solar and battery storage project in Egypt. The 1.1 GW solar plus 100 MW/200 MWh battery energy storage
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%.
Renewable energy company Scatec ASA has commenced construction of a 1.1 GW solar project with 100 MW/200 MWh of
Fully operational by 2026 Norwegian renewable energy producer Scatec has started constructing its $590 million first hybrid solar
Norway''s Scatec has commenced construction of its 1.1 gigawatt (GW) Obelisk solar and 100 megawatts (MW)/200 megawatt-hours (MWh) battery storage project in Egypt,
Norwegian renewable energy developer Scatec has initiated construction on a 1.1 GW solar and 100 MW/200 MWh battery storage project in Egypt. This development, located
Norwegian renewable energy developer Scatec has initiated construction on a 1.1 GW solar and 100 MW/200 MWh battery storage
Oslo/Cairo, 15 June 2025: Scatec ASA has reached financial close for the “Obelisk” hybrid solar and battery storage project in Egypt. The non
The Southern African solar container market is experiencing significant growth, with demand increasing by over 420% in the past five years. Containerized solar solutions now account for approximately 38% of all temporary and mobile solar installations in the region. South Africa leads with 45% market share, driven by mining operations, agricultural applications, remote communities, and construction site power needs that have reduced energy costs by 60-70% compared to diesel generators. The average system size has increased from 40kW to over 250kW, with innovative container designs cutting transportation costs by 65% compared to traditional solutions. Emerging technologies including bifacial modules and integrated energy management have increased energy yields by 25-35%, while modular designs and local assembly have created new economic opportunities across the solar container value chain. Typical containerized projects now achieve payback periods of 3.5-5.5 years with levelized costs below R1.40/kWh.
Containerized energy storage solutions are revolutionizing power management across South Africa's industrial and commercial sectors. Mobile 20ft and 40ft BESS containers now provide flexible, scalable energy storage with deployment times reduced by 70% compared to traditional stationary installations. Advanced lithium-ion technologies (LFP and NMC) have increased energy density by 40% while reducing costs by 35% annually. Intelligent energy management systems now optimize charging/discharging cycles based on real-time electricity pricing (including Eskom time-of-use tariffs), increasing ROI by 50-70%. Safety innovations including advanced thermal management and integrated fire suppression have reduced risk profiles by 90%. These innovations have improved project economics significantly, with commercial and industrial energy storage projects typically achieving payback in 2.5-4.5 years through peak shaving, demand charge reduction, and backup power capabilities. Recent pricing trends show standard 20ft containers (250kWh-850kWh) starting at R1.6 million and 40ft containers (850kWh-2.5MWh) from R3.2 million, with flexible financing including lease-to-own and energy-as-a-service models available.