Egypt signs deals for 1,200 MW solar, 720 MWh storage projects
Projects in Benban, Minya to start operations by 2027
Part of plan to reach 42% renewables in power mix by 2030
Egypt signed deals on November 5, 2025, with a joint venture to develop two solar power projects totaling 1,200 MW and 720 MWh of battery storage. The agreements involve the Egyptian Electricity Transmission Company (EETC) and the Ministry of Electricity. The projects will be developed by Infinity Power and the Hassan Allam Utilities Energy Platform, a venture that includes Hassan Allam Utilities, the EBRD, and Meridiam.
The first project, rated at 200 MW with 120 MWh of storage, will be built in Benban and is scheduled to begin commercial operations in the third quarter of 2026. The second, larger facility in Minya will provide 1,000 MW and 600 MWh of storage, with commissioning expected in the third quarter of 2027.
“These projects reaffirm our commitment to supporting Egypt’s energy transition and expanding access to sustainable electricity across Africa,” said Ahmed Mulla, Deputy CEO of Infinity Power.
Established to spur investment in energy infrastructure, the Hassan Allam Utilities Energy Platform has 2.3 GW of projects under development worth about $2 billion, plus a pipeline of 1.65 GW valued at $1.5 billion.
The new agreements support Egypt’s target of lifting renewable energy to 42% of the national power mix by 2030 and 65% by 2040, under the country’s Vision 2030 strategy. The projects further strengthen Egypt’s position as a regional leader in sustainable energy and the green transition.
Abdoullah Diop
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
African startups raised more than $272 million in February 2026, according to Africa: The Big Deal. Funding increased 56% from January, signaling...
KCB Group plans to acquire a stake in an Ethiopian bank as part of its expansion strategy. The investment depends on regulatory approval in Ethiopia’s...
The World Bank has approved a $250 million program to support access to finance for SMEs in Niger. Around 7,500 micro, small and medium-sized...
Senegal plans to revoke 71 mining and quarry licenses as part of a sector cleanup. The move follows similar reforms in Guinea, Mali and...
Mbanza Kongo, located in northern Angola, is one of the most important historic cities in Central Africa. The capital of Zaire Province, it stands on a...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...