• EBRD is providing USD 63 million to Dandara Solar Power for a solar and battery storage project in Egypt.
• Developed by Scatec, the project combines a 500 MW solar plant with a 100 MWh battery storage system.
• Financing includes USD 10 million in concessional funding from CIF and USD 7 million from Canada.
• The facility is expected to generate 1,470 GWh annually, cutting annual carbon dioxide emissions by nearly 732,000 tonnes.
• Misr Aluminium will receive electricity under a 25-year power purchase agreement, with battery storage supporting supply during peak demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EBRD - European Bank for Reconstruction and Development published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.