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Who owns the bifacial solar panels in Egypt?

The bifacial modules in Egypt are owned by KLP Norfund Investments AS and Africa 50. They are producing energy from both sides of the solar panel, increasing the total clean energy generation.

What is Scatec's bifacial solar project in Egypt?

This is Scatec’s largest and our first project using bifacial solar modules. The bifacial modules are producing energy from both sides of the solar panel, increasing the total clean energy generation. The project holds a 25-year PPA with the Egyptian Electricity Transmission Company.

Who is Solaire Egypt?

Investing in your future has never been easier. Solaire Egypt was officially established in 2020 after the partners, Ibrahim Hassaballa, Mohamed Ali and Amr Haridi met and realized they form a team with the perfect balance of expertise for renewable energy.

Does Scatec have a power purchase agreement with Egypt aluminium?

Scatec and Egypt Aluminium have signed a 25-year USD-denominated corporate Power Purchase Agreement (PPA) for a 1.1 GW Solar PV + 100 MW/200MWh BESS project in Egypt backed by sovereign guarantee.

What is Scatec doing in Egypt?

Scatec is delivering electricity from six solar plants totalling 380 MW to the Government of Egypt under 25-year Power Purchase Agreements signed in 2017. The Benban site near Aswan in Upper Egypt was Scatec's largest one-site project in 2019, featuring bifacial solar modules for the first time.

Who is financing a green hydrogen production facility in Egypt?

The green hydrogen production facility in Egypt is being financed by EBRD, FMO, IsDB, ICD and Green CF. Scatec has partnered with Fertiglobe, The Sovereign Fund of Egypt and Orascom Construction to develop, build, own and operate this 100 MW facility in Ain Sokhna.