Norwegian renewables firm Scatec on 22 February signed up with Egypt’s ministry of public enterprise to develop 1GW of solar PV capacity to power Egyptalum’s smelter at Nag Hammadi in southern Egypt.
The deal, inked by minister Mahmoud Esmat and Scatec CEO Terje Pilskog, envisages start up in two 500MW phases, the first for “completion within 18 months of the date of signing,” implying 2H 2025, and the second “within 24 months of signing,” implying early 2026. (CONTINUED - 347 WORDS)
