Egypt signs agreements for 1,500 MWh battery storage projects and a new production factory
via Egypt Today1 min read
Egypt has signed agreements with Al Nowais, Gotion, China Energy, and CEIG for the development of two standalone battery energy storage projects totaling 1,500 MWh. These projects include the 500 MWh Horus project in Zafarana and the 1,000 MWh Nefertiti project in Benban. The agreements also encompass the establishment of a factory with an annual production capacity of 3,000 MWh for battery energy storage systems. Minister of Electricity and Renewable Energy Mahmoud Esmat noted that battery storage systems were introduced to Egypt's national electricity grid last year. He emphasized the necessity of storage solutions to support grid stability and ensure a sustainable power supply, particularly with the expansion of solar and wind energy. Egypt aims to increase its battery energy storage capacity to 14,320 MWh by 2028.
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