Climate
Egyptian-Norwegian partnership launches $1.8 billion "Energy Valley" project in Minya
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Egyptian-Norwegian partnership launches $1.8 billion "Energy Valley" project in Minya
Egypt and Norway have partnered to establish a $1.8 billion integrated renewable energy project in Minya, the first of its kind in the Middle East and Africa.
- Minya Governor Emad Kedwany met with Norwegian Ambassador Erik Hosheim and Scatec executives on Tuesday to finalize the "Energy Valley" project's launch.
- The project includes a 1.95 MW solar power plant, a battery storage system with 3,935 MWh capacity, and a transformer station connecting to the national grid.
- Scatec will build the region's first battery energy storage systems factory in partnership with Sungrow, with half of its output purchased for the Minya project.
- Kedwany stated the project will create over 5,000 direct and indirect jobs across 25 years of operation, with a joint committee formed to oversee construction.
Topicsclean energyInvestmentsJobsenvironmentClimate ChangeEnergyinfrastructure developmentSolar Power
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