Hassan Allam JV Secures $560M Contract for Egypt Solar Proje

Post News Legal Code: 100.049.6493 | Awarded / Mentioned Company: Hassan Allam Construction

Programme Overview

Egypt has awarded a $560 million engineering, procurement, and construction (EPC) contract for the West Minya Solar Power Project. This project is one of the country’s largest utility-scale solar and battery storage developments. The contract has been secured by a joint venture between Hassan Allam Construction and Sterling and Wilson Renewable Energy. The project is located in the Minya Governorate in Egypt’s western desert.

Technical Specifications

The West Minya Solar Power Project will feature a combination of solar photovoltaic generation and battery energy storage. The key technical specifications include:

  • 1,000 megawatts (MW) of solar photovoltaic generation capacity
  • 600 megawatt-hours (MWh) battery energy storage system (BESS)

This combination makes it one of the most significant solar-plus-storage projects on the African continent.

System Architecture

The project will cover the full scope of engineering, procurement, and construction. This includes the solar power plant, battery storage facilities, transmission infrastructure, grid interconnection, and associated balance-of-plant works. The development forms part of the broader Nefer Menya renewable energy initiative.

Contract Details & Financial Terms

The contract is valued at $560 million. The joint venture between Hassan Allam Construction and Sterling and Wilson Renewable Energy will execute the project through a 50-50 partnership. The European Bank for Reconstruction and Development (EBRD) is considering providing up to $170 million in senior debt financing for the development.

Delivery Schedule & Milestones

The project is expected to significantly contribute to Egypt’s renewable energy capacity once operational. Specific delivery timelines and milestones have not been disclosed, but the project is part of Egypt’s broader strategy to enhance electricity security and reduce dependence on fossil fuels.

Operational Context

Egypt has set ambitious renewable energy targets. Projects like the West Minya Solar Power Project are central to this strategy. The project will add meaningful capacity to the national grid, supporting the country’s efforts to transition to renewable energy sources.

Participating Nations / Companies

The project involves a joint venture between Egyptian company Hassan Allam Construction and Indian company Sterling and Wilson Renewable Energy. Infinity Power Holding holds a majority stake in the project, while HAU Energy, backed by Hassan Allam Utilities, the EBRD, and French infrastructure investor Meridiam, holds the remaining interest.

Competitive Landscape

The contract award highlights the expanding role of Asian engineering firms in Africa’s infrastructure buildout. Indian contractors, such as Sterling and Wilson, are increasingly competing for large EPC mandates alongside African and European partners.

Strategic Significance

The West Minya Solar Power Project reinforces Egypt’s position as one of Africa’s most active destinations for energy infrastructure capital. The project illustrates the increasingly cross-border character of large-scale clean energy investment on the continent.

Industry Background

Hassan Allam Construction has been expanding its footprint across infrastructure projects in Africa and the Middle East. The company recently secured a SAR 2.7 billion ($727 million) contract to build the Waldorf Astoria Hotel and Mixed-Use Superblock at Saudi Arabia’s Diriyah development.

Egypt awards $560 million solar contract to Hassan Allam and Indian partner as renewable energy push accelerates – Businessfront

Hassan Allam Construction wins $560 million contract to build Egypt’s West Minya solar and battery storage project

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Michael CarterSenior Defence Industry Editor, Directory Defencecontact@h3splatform.com

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