Norwegian renewables developer Scatec ASA has signed a 25-year power purchase agreement with the Egyptian Electricity Transmission Company for a 1.95 GW solar and 3.9 GWh battery energy storage project in Egypt. This project, Scatec's largest investment to date, will provide sustainable, around-the-clock power and grid stabilizing services, supporting Egypt's energy transition and economic development. The integrated solar-plus-storage system is expected to deliver 6 TWh of energy annually, making it the largest solar and battery energy storage installation in Africa. Scatec plans to act as the lead developer and is seeking additional equity partners for the project, which is anticipated to reach financial close in the second half of the year.