Masdar, Infinity Power, and Hassan Allam Utilities have signed agreements with the Egyptian Electricity Transmission Company (EETC) to develop solar projects totaling 1.2 gigawatts (GW) and incorporating 720 megawatt-hours (MWh) of battery energy storage systems (BESS).
The agreements, part of Egypt's renewable energy push, include two power purchase agreements (PPAs) for a 900MW solar plant with BESS in Wahat and a 300MW solar plant with BESS in Benban. Once operational, the projects are expected to contribute significantly to Egypt's efforts to expand clean energy availability and reduce carbon emissions.
The initiative is a component of Masdar's broader goal to deliver 4GW of renewable energy in Egypt and aligns with the strategic partnership among Masdar, Hassan Allam Utilities, and Infinity Power. The partnership aims to develop up to 11GW of renewable energy capacity in the country.
“This agreement reflects Masdar's dedication to advancing the clean energy transition in Egypt and around the world,” said Masdar CEO Mohamed Jameel Al Ramahi. “By leveraging the combined expertise of Masdar, Infinity Power, and Hassan Allam Utilities, we are not only supporting Egypt's renewable energy goals but also helping to build a more sustainable future for generations to come.”
The projects also align with Masdar's global ambitions to expand its renewable energy portfolio to 100GW by 2030, reinforcing its commitment to the UAE Consensus to triple global renewable capacity.
Once completed, the solar plants will play a key role in Egypt's clean energy goals, which include increasing renewable energy's share in the country's energy mix and enhancing energy storage capacity for greater grid stability.
