#renewable
Norwegian renewable energy developer Scatec has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for the country’s first hybrid solar power and battery storage project. The deal covers a one-gigawatt solar power plant paired with a 100-megawatt battery storage system. While Scatec did not disclose the contract’s financial terms, CEO Terje Pilskog noted the significance of the project, calling it “a testament to the company's growing role as a leading renewable energy producer in…
