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Scatec reaches commercial operations for Obelisk 1.1 GW Egypt solar-plus-storage project phase 2

PUBT·08/12/2026 06:17:51
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Scatec reaches commercial operations for Obelisk 1.1 GW Egypt solar-plus-storage project phase 2
  • Scatec reached commercial operations for phase two of Egypt’s 1.1 GW Obelisk solar project, completing the hybrid buildout.
  • Phase two adds 564 MW of solar; phase one delivered 561 MW of solar plus a 100 MW/200 MWh battery system.
  • Project targets more than 3,000 GWh of annual generation; expected to abate over 1.2 million tonnes of CO2 yearly.
  • Output will be sold to Egyptian Electricity Transmission Company under a 25-year USD-denominated PPA signed in November 2024.
  • With Obelisk fully operational, the group’s operating capacity in Egypt rises to about 1.5 GW, including the 380 MW BenBan plant.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scatec ASA published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.