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As stated by the EIB, the project comprises a 1.95 GWp solar plant combined with 3.9 GWh of battery storage, distributed across multiple sites -Abu Qir (1.4 GWh), Naga Hamadi (1 GWh), and Sarirya (1.5 GWh). The scope includes new substations at each location, and an additional HV substation in Sarirya (Minya) to support the local industrial zone.
The aim is to support both EU and national targets for renewable energy generation. It contributes to the EIB's objectives in the areas of renewable energy, climate action (mitigation) and environmental sustainability (pollution prevention and control). Specifically, the project plays a key role in supporting several EU-Egypt partnerships as well as helping Egypt achieve its goal of increasing the share of renewable energy in electricity generation to 42% by 2030.
The draft ESIA has assessed the potential environmental and social impacts during construction, operation and decommissioning and concludes that, with the implementation of the proposed Environmental and Social Management Plans (ESMP) and monitoring measures, residual impacts are expected to remain within acceptable limits.
Information on the investment amount was not provided at the time of disclosure.
As stated by Bloomberg, Scatec ASA operates as an energy company. The Company develops, builds, owns, operates and maintains solar, hydro, and wind power plants that generate clean and reliable electricity. Scatec serves customers worldwide.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | Scatec ASA | Client | Energy |
Client - Scatec ASA:
Shady Khafagy - Scatec, Egypt Office
Address: Building 44, The Northern 90th street, banks center, New Cairo, Cairo
Email: post@scatec.com
Phone: +47 480 85 500
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces
