UAE-based renewable energy company Amea Power has signed an agreement with the Egyptian Electricity Transmission Company to develop two large-scale battery storage facilities in Egypt. The project, which aims to enhance the country’s renewable energy infrastructure, will have a combined storage capacity of up to 1,500 megawatt-hours (MWh).
The two facilities will include a 500 MWh battery storage station in Banban, located in the southernmost part of Egypt, and a 1,000 MWh facility in Zafarana on the Red Sea coast. Together, these stations will be able to store enough energy to power approximately 1.6 million homes.
The project is a key part of Egypt’s strategy to meet peak energy demand and stabilize its power grid as the country increases its reliance on solar and wind energy. New transformer stations will also be built and integrated with Egypt’s national grid to enhance the overall contribution of renewable energy.
Egypt’s electricity and renewable energy minister, Mahmoud Esmat, emphasized that battery storage is crucial for maximizing the potential of renewable energy sources. Esmat added that Egypt aims to raise its renewable energy share to 42% of total power generation by 2030 and 65% by 2040.
Amea Power is a subsidiary of Al Nowais Investments, an Abu Dhabi-based conglomerate with a diverse portfolio that includes companies in the oil, chemicals, hospitality, and infrastructure sectors.
