Mazghouny & Co advised Scatec in Solar Collaboration with Egyptian Electricity Holding
Mazghouny & Co advised Scatec in Solar Collaboration with Egyptian Electricity Holding
The project combines solar PV and battery storage technologies
The boutique law firm Mazghouny & Co has played a pivotal role in advising Scatec during the early stages of its collaboration with the Egyptian Electricity Holding Company (EEHC) for the development of Egypt’s largest hybrid solar and battery storage project.
Signed during the COP28 meeting held recently, the cooperation agreement focuses on a substantial 1GW solar and 200 MWh battery storage initiative.
The project aims to overcome intermittency challenges, enhance grid stability, and ensure a consistent supply of green power by releasing stored energy during peak demand.
The energy and power team led by managing partner, Donia El-Mazghouny supported Scatec with the drafting of the cooperation agreement with EEHC on the landmark project and its negotiation.
The development plan obtained the approval of the Cabinet in its meeting held on 30 November. It was a part of Egypt’s efforts to increase the renewables share in its electricity mix, avoid power outages, and free up natural gas for export.
