Egypt and Norway's Scatec Expand Clean Energy Partnership

Egypt is positioning itself as the Middle East's renewable energy hub through an expanded partnership with Norway's Scatec, one of the world's leading clean energy companies.

Investment Minister Mohamed Farid met with Scatec CEO Terje Pilskog to map out the next phase of their collaboration, focusing on solar, wind, battery storage, and cutting-edge green hydrogen projects. The goal is ambitious: provide round-the-clock clean energy to Egyptian industries and eventually export to European markets.

Egypt brings major advantages to the table. Its strategic location bridges continents, while abundant sunshine and wind make it ideal for renewable energy generation. The government is streamlining licensing procedures and creating transparent frameworks to help projects launch faster.

Scatec already operates renewable energy projects worldwide but sees Egypt as a key growth market. The company plans to transfer its global expertise while expanding its Egyptian portfolio, particularly in solar power and energy storage systems that can supply stable electricity day and night.

The Ripple Effect

This partnership reaches far beyond Egypt's borders. As European nations seek alternatives to fossil fuels, North Africa's renewable energy potential becomes increasingly valuable. Egypt could become a clean energy bridge between continents, exporting solar and wind power northward while creating thousands of green jobs at home.

The emphasis on technology transfer and local manufacturing means Egyptian workers will gain skills in tomorrow's energy systems. Farid highlighted the government's focus on increasing local components in these projects, building domestic capacity rather than just importing finished technology.

Green hydrogen and ammonia production represent the newest frontier in this collaboration. These technologies allow renewable energy to be stored and transported in chemical form, opening possibilities for clean fuel exports and zero-emission industries.

Scatec's CEO expressed confidence in Egypt's evolving business environment and praised government support for renewable energy development. The company sees this as a long-term commitment, not a one-off project.

Egypt's renewable energy strategy aligns with global climate goals while addressing practical economic needs. The country aims to attract high-value foreign investment that creates jobs, builds expertise, and positions it as a leader in the green transition sweeping the global economy.

The partnership shows how international collaboration can accelerate the shift to clean energy, turning geographic advantages into economic opportunities that benefit both local communities and the wider world.