What is the latest status of the project “Obelisk Solar Power Project”?

The status recorded for “Obelisk Solar Power Project” is Planned.

Who are the main government, EPC, and private stakeholders for “Obelisk Solar Power Project”?

Taiyo maps the stakeholders of “Obelisk Solar Power Project”: government bodies (African Development Bank (AfDB)), banks/investors (African Development Bank Group).

What is the budget and commercial profile for the project “Obelisk Solar Power Project”?

Taiyo normalizes the budget of “Obelisk Solar Power Project” to USD 590000000.

Where can I verify the source and access all details for “Obelisk Solar Power Project”?

This Taiyo project page references Businessday NG along with the original URL (https://businessday.ng/africa/article/afdb-approves-184m-for-egypt-to-build-africas-largest-solar-plant/). Taiyo standardizes official data into a consistent, searchable project profile.

Obelisk Solar Power Project

Sector: Solar • Location: Qena Governorate, Egypt

Source: Businessday NG

Project

Planned

The Obelisk solar power project in Egypt is set to become the largest solar installation on the African continent. It will feature a 1-gigawatt solar photovoltaic facility and a 200-megawatt-hour battery energy storage system. The project involves full design, construction, operation, and maintenance of the integrated solar and storage infrastructure. The Egyptian Electricity Transmission Company

Status: Prospective
Sector: Solar, Energy Storage, Power Generation (CCGT), Government
Location: Qena Governorate, Egypt
Updated: 22 Jul 2026
Source: Businessday NG

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Project Information

5 Q

The project “Obelisk Solar Power Project” is an infrastructure initiative in the Solar sector, located in Qena Governorate, Egypt. Taiyo aggregates data on it from Businessday NG.

Participants

Sponsoring Agency

Status

Original status	Planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Obelisk solar power project in Egypt is set to become the largest solar installation on the African continent. It will feature a 1-gigawatt solar photovoltaic facility and a 200-megawatt-hour battery energy storage system. The project involves full design, construction, operation, and maintenance of the integrated solar and storage infrastructure. The Egyptian Electricity Transmission Company will be the sole off-taker under a 25-year Power Purchase Agreement.
Original sector	Energy
Budget

Location

Country	Egypt
State	Qena Governorate

Source

Source	Businessday NG
URL

More Details

Record type	Project
Sector	Solar, Energy Storage, Power Generation (CCGT), Government
Article published date	2025-06-16

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Obelisk Solar Power Project

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