Egypt is expanding its electricity storage to boost solar and wind energy, drawing foreign investment from Chinese and Russian firms.
Egypt expands energy storage plans
Egypt is planning to greatly increase its electricity storage capacity to support the growth of solar and wind energy. The country aims to build more storage systems to ensure a stable power supply and make better use of renewable energy sources.Russian company enters storage market
Rosatom, a Russian company already working on the El-Dabaa nuclear power plant, has signed a deal with the Egyptian firm Teletech to assemble lithium-ion battery systems in Egypt. This marks Rosatom's expansion into the energy storage sector in the country.Training and production goals
The agreement with Teletech includes training technicians and gradually increasing production capacity to 500 MWh per year. These batteries will store electricity from solar and wind power plants for later use or provide backup power for industrial sites.Chinese companies also active
Chinese companies are also making significant moves in Egypt's energy storage market. Sungrow, a Chinese firm, began building a storage system assembly plant in the Suez Canal area in August with a planned annual production of 10 GWh.High investment and production targets
Sungrow has announced an investment of 50 million USD and plans to provide 4 GWh of storage for the Energy Valley project by Scatec. Another Chinese company, Gotion, is involved in a factory project with an annual capacity of 3 GWh.Egypt's ambitious storage goals
According to Egypt's Ministry of Electricity, the country plans to increase its battery storage capacity from 500 MWh in July 2026 to 14,320 MWh by the end of 2028. This growth, along with efforts to develop local industry, is attracting interest from international companies.
