Thursday, March 5, 2026

Hassan Allam Utilities and Infinity Power Sign a 1.2 GW Solar and Storage Deal in Egypt

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Egypt has taken another major stride toward its renewable energy ambitions, as Hassan Allam Utilities Energy Platform (HAU Energy) and Infinity Power signed power purchase agreements (PPAs) with the Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company (EETC) to develop two large-scale solar and battery storage projects. The combined capacity will reach 1,200 megawatts (MW) of solar power and 720 megawatt-hours (MWh) of energy storage, marking one of the largest clean-energy partnerships in the region.

The signing ceremony took place in the presence of Minister of Electricity Mahmoud Esmat, who emphasized the project’s role in advancing Egypt’s clean-energy transition. The first project will see the construction of a 200 MW solar plant in Benban, Aswan — the site of Africa’s largest existing solar park — integrated with 120 MWh of battery storage. It is scheduled to begin commercial operations in the third quarter of 2026. The second and larger facility, a 1,000 MW solar farm in Minya with 600 MWh of storage capacity, is expected to go live in Q3 2027.

These projects represent the second national-scale initiative for Hassan Allam Utilities and form a critical step in expanding Egypt’s renewable footprint. Once operational, the two plants will directly support the country’s target of generating 42 percent of its electricity from renewable sources by 2030, with an eye toward 65 percent by 2040. The inclusion of advanced battery systems will also strengthen grid reliability by ensuring stable supply even during off-peak generation periods — an essential component of Egypt’s evolving clean-energy infrastructure.

According to the company, HAU Energy currently holds 2.3 GW of renewable projects under development, backed by an estimated USD 2 billion in investments. In addition, an extra 1.65 GW pipeline — including 350 MW of solar and 1.3 GW of wind projects — is being prepared, with a further USD 1.5 billion in expected funding. These figures underscore the group’s emergence as one of Egypt’s foremost private-sector renewable energy developers.

Ahmed Mulla, Deputy CEO of Infinity Power, said the projects reaffirm the company’s long-term commitment to supporting Egypt’s green transition. “These projects reflect our shared mission to diversify Egypt’s energy mix and pave the way for a more sustainable future,” he said. Omar Hosny, Vice President of Energy and Water at Hassan Allam Utilities, added that this agreement demonstrates Egypt’s growing ability to attract large-scale renewable investments and execute projects that align with global sustainability standards.

The partnership comes as Egypt accelerates its economic reform agenda under its Narrative for Economic Development, which identifies the green economy as a cornerstone of growth. The government’s plan targets 7 percent real GDP growth and the creation of 1.5 million jobs by 2030, with renewable energy projects forming a major driver of investment and employment.

The Hassan Allam–Infinity Power collaboration reflects Egypt’s strategic shift toward positioning itself as a regional leader in clean energy, complementing its successful track record in solar and wind initiatives across Benban, Zaafarana, and the Gulf of Suez. By integrating large-scale solar generation with advanced storage technology, Egypt not only strengthens its domestic grid but also moves closer to becoming a renewable energy hub for North Africa and the wider MENA region.

When completed, the 1.2 GW solar capacity and 720 MWh of storage will stand as a milestone in Egypt’s transition toward a sustainable energy future — a clear demonstration of how public-private cooperation can power both national development and regional decarbonization goals.

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