Egypt Awards $560 Million EPC Contract for 1GW Solar Project with Battery Storage
Egypt has awarded a $560 million engineering, procurement and construction (EPC) contract for the West Minya Solar Power Project, one of the country’s largest renewable energy developments.
The contract was awarded to Hassan Allam Construction and Sterling and Wilson Renewable Energy through their 50:50 joint venture.
The project, located in Minya Governorate, will combine 1,000 megawatts (MW) of solar photovoltaic capacity with a 600-megawatt-hour (MWh) battery energy storage system (BESS), making it one of Egypt’s largest integrated solar-plus-storage projects.
The joint venture will deliver the project’s engineering, procurement, construction, transmission infrastructure, grid connection and battery storage facilities.
The project is part of the Nefer Menya renewable energy initiative in Egypt’s Western Desert.
It is majority-owned by Infinity Power Holding, while HAU Energy backed by Hassan Allam Utilities, the European Bank for Reconstruction and Development (EBRD) and Meridiam holds the remaining stake. The EBRD is also considering providing up to $170 million in senior debt financing.
The investment highlights Egypt’s growing appeal as a renewable energy destination. The government aims to generate 42% of its electricity from renewable sources by 2030, with solar-plus-storage projects expected to play a key role in improving grid reliability, reducing fossil fuel dependence and strengthening energy security.
For Sterling and Wilson Renewable Energy, the award marks its third gigawatt-scale EPC contract in the past nine months, reinforcing its position in the global utility-scale renewable energy market.
