The African Development Bank (AfDB) signed a $66 million financing agreement for the first phase of the Dandara solar-plus-storage project in Qena, Egypt. The financing comprises $46 million sourced from ordinary Bank Group resources and $20 million in concessional funding from the Climate Investment Funds’ Clean Technology Fund. The first phase comprises 500 MW of solar capacity and 100 MWh of battery energy storage. The project will supply electricity to EgyptAlum under a 25-year power purchase agreement, supporting the company’s efforts to reduce its dependence on conventional electricity sources.

Egypt held discussions with China‘s Hangzhou Boomy Intelligent Technology to explore establishing a domestic solar cell manufacturing facility. The proposed partnership focuses on technology transfer, localization of solar manufacturing equipment, and increasing domestic content in the renewable energy sector. The discussions form part of Egypt’s efforts to strengthen its renewable energy manufacturing ecosystem and reduce reliance on imported equipment.

Oman‘s Mawarid Turbine, a subsidiary of O-Green, and Shanghai Electric Wind Power signed an agreement to collaborate on wind turbine manufacturing, research and development, technology transfer, and operations and maintenance. The partnership aims to support the establishment of a wind turbine manufacturing facility in Duqm, Oman. The agreement also covers technical cooperation and workforce development to strengthen local manufacturing capabilities. The initiative is expected to support Oman’s efforts to develop a domestic wind energy supply chain.

Oman‘s Nama Holding and China‘s State Grid International Development signed a framework agreement to develop two battery energy storage projects with a combined capacity of 1 GW at Duqm and Ibri. Each facility is planned to have a capacity of 500 MW. The storage facilities are also expected to improve grid flexibility, manage fluctuations in electricity supply and demand, and strengthen power system reliability as Oman increases the share of solar and wind energy in its electricity mix.