Obelisk 1-GW Solar Photovoltaic Project and 200MWh Battery Energy Storage System
Sector: Solar • Location: Egypt
Source: The Kenyan Wall Street
The African Development Bank Group (AfDB) has approved a US$184.1 million financing package for the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt. Located in southern Egypt, the project will be Africa’s largest solar power plant. It will be operational by the third quarter of 2026 and generate an estimated 2,722 gigawatt hours of energy annually to
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Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The African Development Bank Group (AfDB) has approved a US$184.1 million financing package for the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt. Located in southern Egypt, the project will be Africa’s largest solar power plant. It will be operational by the third quarter of 2026 and generate an estimated 2,722 gigawatt hours of energy annually to Egypt’s national grid. The Egyptian Electricity Transmission Company will be the project’s only off-taker under a 25-year USD-denominated Power Purchase Agreement. The project aims to contribute to Egypt’s renewable energy goals and reduce greenhouse gas emissions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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