{"id":615623,"date":"2024-02-21T00:00:00","date_gmt":"2024-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/21\/scatec-to-build-1-gw-solar-plant-for-egyptalums-nagaa-hammadi-complex\/"},"modified":"2024-02-21T00:00:00","modified_gmt":"2024-02-21T00:00:00","slug":"scatec-to-build-1-gw-solar-plant-for-egyptalums-nagaa-hammadi-complex","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/21\/scatec-to-build-1-gw-solar-plant-for-egyptalums-nagaa-hammadi-complex\/","title":{"rendered":"Scatec to build 1-GW solar plant for EgyptAlum\u2019s Nagaa Hammadi complex"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Another 1-GW solar plant by Scatec is officially underway:<\/strong> Norwegian renewablesdeveloper Scatec is set to build a 1-GW solar power plant to power EgyptAlum\u2019s Nagaa Hammadi industrial complex under an agreement inked by the two parties, according to a Public Enterprise Ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0Awq4xkTKHKwLh5AYtsHxq7BvB7nTV6yoN4oBXdifBMpDSsp5XrT2KFSVCjk5pueZl\" style=\"\" rel=\"noopener\">statement<\/a>. The move is part of state-owned EgyptAlum\u2019s plan to ramp up production, comply with global sustainability and manufacturing standards, and lower its carbon footprint. No details were given on the value of the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline:<\/strong> The first 500-MW phase of the project will be completed within 18 months, whilethe second phase is set to wrap up within two years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We thought this might be coming:<\/strong> We first heard about the Nagaa Hammadi solar power plant <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/07a14d3c-9148-442d-8afb-e114505b3479\" style=\"\" rel=\"noopener\">last<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/07a14d3c-9148-442d-8afb-e114505b3479\" style=\"\" rel=\"noopener\">month<\/a>, when the Public Enterprises Ministry announced that it had opened talks with Scatec over the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Scatec is doing a lot of the heavy lifting:<\/strong> The developer will finance the project, conduct therequired studies, develop the plant, and install the needed equipment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Scatec has a big presence in <\/strong><strong>Egypt<\/strong><strong>:<\/strong> Scatec in December inked agreements with thegovernment to establish a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9360246d-a2fd-4dca-b680-1894ddb9a003\" style=\"\" rel=\"noopener\">1-GW solar and 200-MWh battery storage<\/a> project \u2014 the first in the country \u2014 and a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/85faf1b5-e8ca-49c9-b104-2efc32c63c3d\" style=\"\" rel=\"noopener\">USD 1.1 bn green methanol<\/a> project. The company is also working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d7f65631-b26f-45aa-a4de-a2daadb77981\" style=\"\" rel=\"noopener\">50-100 MW green hydrogen<\/a> project in Ain Sokhna in partnership with ammonia producer Fertiglobe and the Sovereign Fund of Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first 500-MW phase of the project will be completed within 18 months<\/p>\n","protected":false},"author":1,"featured_media":615624,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[1008,93,72,151,573],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-615623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-egypt-aluminum","tag-energy","tag-enterpriseam","tag-renewables","tag-scatec","wpautop","entry"],"acf":{"mongo_id":"3b54f40b-0158-4d72-b22a-92bc1510c76d","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/1930.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Scatec to build 1-GW solar plant for EgyptAlum\u2019s Nagaa Hammadi complex","related_issue":[615618],"teaser":"The first 500-MW phase of the project will be completed within 18 months","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.afaef58f-3675-4291-af88-89d4253e5403.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The news cycle hasn\u2019t let up yet as we are bracing ourselves for a busy end of the week. 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