The tender was issued on November 14, with submissions due by December 17, 2024, at 11:00 AM. 

The deal is aimed at developing gigawatt-scale projects focused on solar, wind, and hybrid energy with possible battery storage integration

ACWA Power anticipates that the financial effects of the plant’s operations will be visible in its fourth-quarter earnings for 2024

Yellow Door Energy aims enhance its solar leasing capacity, offering long-term, cost-effective solar power solutions to businesses under Power Purchase Agreements (PPAs)

Egypt’s Ministry of Electricity and Renewable Energy has set pricing for solar energy generated and stored in battery systems

The plant will have a production capacity of 250 megawatts (MW) and a storage capacity of 1,500 megawatt-hours (MWh)