Egypt’s Foreign Minister and Scatec CEO Explore Green Hydrogen Expansion and African Cooperation
Badr Abdelatty, Egypt’s Minister of Foreign Affairs, Emigration, and Egyptian Expatriates, met with Terje Pilskog, CEO of Norway’s Scatec, on January 13 to discuss expanding strategic investments in the renewable energy sector. The discussions focused on consolidating Egypt’s position as a global hub for green hydrogen and exploring opportunities for trilateral cooperation across Africa.
Abdelatty underscored the government’s commitment to achieving a green economy and noted that Scatec’s portfolio in Egypt is a cornerstone of this national strategy. He specifically cited the landmark Obelisk solar power project in Nagaa Hammadi, Qena, which Prime Minister Mostafa Madbouly inaugurated on January 12, marking a major advancement in domestic clean energy production.
The Obelisk project’s first phase provides 500 megawatts of solar capacity integrated with 200 megawatt-hours of Battery Energy Storage Systems, currently the largest installation of its kind in Africa. During the discussions, Abdelatty encouraged Scatec to expand its operational footprint in Egypt, particularly in projects aimed at exporting clean energy to Europe.
The two sides also explored opportunities for trilateral cooperation in Africa, focusing on developmental renewable energy projects to support the continent’s infrastructure. The meeting reflects Egypt’s broader strategy to position itself as a renewable energy leader in the region while attracting international investment and expertise to support its green transition.
Source: egyptoil-gas.com
