Scatec ASA has entered into a long-term power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for the development of a solar-plus-storage project in Egypt. The agreement covers 1.95 GW of solar generation capacity and 3.9 GWh of battery storage. As per this arrangement, Scatec will develop one integrated solar and battery storage hybrid project designed to deliver continuous renewable baseload power.
Additionally, two standalone battery energy storage systems will be implemented to support grid stability and related services. The project will operate under a 25-year, US dollar-denominated, pay-as-produced PPA linked to the electricity generated. It is expected to generate around 6,000 GWh of renewable electricity annually. Scatec will be responsible for engineering, procurement and construction, along with asset management and operations and maintenance (O&M) of the project. The company is also acting as the lead developer and plans to invite additional equity partners during the project development phase. The financial close for the project is expected in the second half of 2026.
In December 2025, Scatec began the commercial operations for the second 60 MW phase of the 120 MW Mmadinare solar cluster in Botswana. The project is expected to generate 280 GWh of clean energy annually, offsetting around 380,000 tonnes of carbon emissions per year. Scatec will be responsible for operation & maintenance and asset management services of the project. The solar cluster reportedly marked the first operational renewable energy portfolio in Botswana under a 25-year PPA with Botswana Power Corporation.
