Commercial operations reached for the final phase of the Obelisk project in Egypt
Norway, Aug. 12 -- Scatec ASA, a leading renewable energy solutions provider, has successfully reached Commercial Operations Date (COD) for the second phase of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt.The Obelisk project has been built in two phases. The first phase comprises 561 MW of solar capacity and the total 100 MW/200 MWh battery energy storage system, while the second phase now adds an additional 564 MW of solar capacity. The Power Purchase Agreement (PPA) was signed in November 2024 and the project has been completed in record time. The Obelisk project is Africa's largest hybrid solar and battery installation, with an expected abatement of more than 1.2 million tonnes of CO2 emissions per year. I...
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