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Obelisk Solar and Battery Energy Storage System (BESS) Project

Sector: Energy Storage • Location: Nagaa Hammadi, Upper Egypt, Egypt

Source: ESS News

Project
Under Construction

The Obelisk project is a 1.1 GW solar and battery energy storage system project in Nagaa Hammadi, Upper Egypt. It includes 561 MW of solar and a 100 MW/200 MWh battery energy storage system in its first phase, commissioned in February 2026, with a second phase adding 564 MW of solar targeted for commercial operation in summer 2026. The project is backed by a 25-year, US dollar-denominated power pu

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The project “Obelisk Solar and Battery Energy Storage System (BESS) Project” is an infrastructure initiative in the Energy Storage sector, located in Nagaa Hammadi, Upper Egypt, Egypt. Taiyo aggregates data on it from ESS News.

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under construction

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Description

Description

The Obelisk project is a 1.1 GW solar and battery energy storage system project in Nagaa Hammadi, Upper Egypt. It includes 561 MW of solar and a 100 MW/200 MWh battery energy storage system in its first phase, commissioned in February 2026, with a second phase adding 564 MW of solar targeted for commercial operation in summer 2026. The project is backed by a 25-year, US dollar-denominated power purchase agreement with Egyptian Electricity Transmission Co. (EETC), supported by a sovereign guarantee, and financed primarily through non-recourse debt and equity from various investors.

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High

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