At 3am, the conference room in the Suez Canal Economic Zone in eastern Cairo was still brightly lit. The negotiation teams from China Sunac Power and Scatec Norway have been working continuously for 36 hours.

With the announcement of Egyptian Prime Minister Mustafa Madbury, a package of agreements worth over 1.8 billion US dollars has been officially signed, marking the official launch of one of the world's largest integrated clean energy projects.

Super Project

On a desert land in Minya Province, Egypt, an energy valley with a 1.7GW photovoltaic power station and a 4GWh energy storage system will rise in the future.

This project, named Energy Valley, is positioned as one of the world's largest integrated clean energy projects and will also be the first solar+energy storage project in the region to achieve stable power supply around the clock.

According to the agreement, Scatec, a Norwegian renewable energy developer, is responsible for developing this "Sustainable Energy Valley" project, while Sunac serves as a key equipment supplier to provide energy storage system support.

The project not only includes the main sites in Minya Province, but also energy storage facilities will be distributed in three locations: Kina and Alexandria, forming a clean energy network covering important industrial areas in Egypt.

At the same time, the project will also build new substations and dedicated transmission lines to provide continuous and stable clean electricity for the Wadi El Sereiriya industrial zone in Mingya.

The Egyptian Electricity Transmission Company has signed a power purchase agreement with Scatec, while the New and Renewable Energy Authority has signed a land use rights agreement with Scatec, providing both policy and market guarantees for the project.

Intelligent Manufacturing in China

On the manufacturing side, Sunac Power will build a battery energy storage system manufacturing plant covering an area of approximately 50000 square meters in the TEDA industrial zone of the Suez Canal Economic Zone.

This factory will not only provide equipment for the Energy Valley project, but also become an energy storage manufacturing base that radiates throughout the Middle East and Africa.

This is our first production base in the Middle East and Africa, "said the person in charge of the Sunshine Power project." Egypt is located at the intersection of Asia and Africa, with unique geographical advantages

The factory is expected to create approximately 150 direct job opportunities and is scheduled to start production in April 2027, with an annual production capacity of up to 10 GWh.

Egyptian Prime Minister Mustafa Madbury stated at the signing ceremony that these projects are highly aligned with Egypt's strategy to promote the localization of new energy related industries.

He emphasized that "localizing energy storage and renewable energy manufacturing will become an important pillar in enhancing Egypt's energy security and promoting green transformation

win-win for all parties

In terms of financing, the project has received strong support from multilateral development finance institutions. The Egyptian Prime Minister witnessed the preliminary financing agreements signed by Scatec with the European Investment Bank, the European Bank for Reconstruction and Development, and the African Development Bank.

The signing of this series of agreements marks a substantial step for Egypt in expanding the scale of clean energy installation and improving the new energy industry chain.

For Sunac Power, the establishment of the Egyptian factory is not only a production base, but also an important pivot for Chinese enterprises to deeply cultivate the Middle East and African markets.

The company will localize the production of battery energy storage systems in Egypt, reduce transportation costs, improve market response speed, and drive local employment and technology transfer.

For Egypt, this project will significantly increase its proportion of clean energy, enhance energy security, and attract more new energy industry chain enterprises to settle in, forming an industrial cluster effect.

With the acceleration of global energy transition, the Middle East and Africa are becoming hotspots for new energy investment. The layout of Sunac Power in Egypt provides a new example for Chinese new energy enterprises to go global. Keywords, international news, Middle East news, battery energy storage

The Egyptian government sees this series of projects as a crucial step in the country's energy transition, expected to drive more international capital and technology into Egypt's new energy sector, and promote the country to become a regional clean energy center.Editor/Yang Meiling