Sungrow Power Supply(SZ:300274) 鑫椤储能·2026-01-13 06:37Core Viewpoint - The article highlights a strategic partnership between the Egyptian government, Norwegian renewable energy company Scatec, and China's Sungrow Power Supply, aimed at developing a significant clean energy project in Egypt with an investment exceeding $1.8 billion [1][2]. Group 1: Project Overview - The collaboration involves the construction of a 1.7GW solar power plant and a 4GWh battery storage system in Minya Province, Egypt, under the project named "Energy Valley" [1]. - The project aims to create one of the largest integrated solar + storage power bases globally, ensuring stable power supply through large-scale energy storage [1]. - A 25-year power purchase agreement has been signed with the Egyptian Electricity Transmission Company to support the project's energy output [1]. Group 2: Manufacturing and Local Impact - Sungrow Power Supply will establish a battery storage system manufacturing plant in Ain Sokhna Industrial Zone, with an annual capacity of 10GWh, expected to commence production in April 2027 [1]. - This facility will be the first of its kind in the Middle East and Africa, primarily supplying the "Energy Valley" project while also catering to the regional market [1]. - The partnership signifies a crucial step for Egypt in localizing renewable energy manufacturing and enhancing grid stability [2].