Egypt has signed renewable energy agreements worth $1.8 billion, signalling a fresh push toward cleaner power and a greener national future. State television said the deals include contracts with Norwegian developer Scatec and Chinese energy technology company Sungrow, expanding Egypt’s international partnerships in renewables.
Officials say Egypt aims for renewable sources to supply 42 percent of electricity by 2030, though the target depends on sustained international support. Under the first project, Scatec will build a vast solar power plant and energy storage facilities in Minya, in Upper Egypt. The project is expected to generate 1.7 gigawatts of electricity, supported by battery systems with a total capacity of four gigawatt hours.
A second agreement covers the construction of a Sungrow factory to manufacture energy storage batteries in the Suez Canal Economic Zone. Part of the factory’s output will supply the Minya solar project, linking manufacturing and generation in a single, strategic energy chain.
The deals also include long-term power purchase agreements, with Scatec securing contracts covering nearly two gigawatts of capacity and major battery storage. Together, the projects form a sweeping investment designed to strengthen Egypt’s grid, cut emissions, and capture the desert sun’s vast promise.