Hassan Allam Utilities Energy (HAU Energy) and Infinity Power have signed agreements with the Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company (EETC) to develop two major renewable energy projects with a total capacity of 1,200 MW of solar power and 720 MWh of battery energy storage system.
The projects will include a 200 MW solar plant in Benban with 120 MWh of connected battery storage, targeting commercial operation by the third quarter of 2026, and a 1,000 MW solar plant in Minya with 600 MWh of storage, expected to be operational by the third quarter of 2027. This marks the second renewable energy project in Egypt for HAU Energy. The first project, a 1.1 GW Gulf of Suez wind farm, achieved financial close in December 2024, with an investment value exceeding EUR1 billion.