Egypt has awarded a $560 million engineering, procurement and construction (EPC) contract for the West Minya Solar Power Project, one of the country’s largest utility-scale solar and battery storage developments, to a joint venture between Hassan Allam Construction and India’s Sterling and Wilson Renewable Energy.
The two companies will execute the project through a 50-50 joint venture, covering the full scope of engineering, procurement and construction — including the solar power plant, battery storage facilities, transmission infrastructure, grid interconnection, and associated balance-of-plant works.
Located in Minya Governorate in Egypt’s western desert, the project will combine 1,000 megawatts (MW) of solar photovoltaic generation with a 600-megawatt-hour (MWh) battery energy storage system (BESS), making it one of the most significant solar-plus-storage projects on the continent once completed.
The development forms part of the broader Nefer Menya renewable energy initiative. Infinity Power Holding holds a majority stake in the project, while HAU Energy — a platform jointly backed by Hassan Allam Utilities, the European Bank for Reconstruction and Development (EBRD), and French infrastructure investor Meridiam — holds the remaining interest.
The EBRD is also considering providing up to $170 million in senior debt financing for the development, a signal of growing multilateral confidence in Egypt’s renewable energy market. The project’s financing structure — combining a pan-African developer, a European development bank, a French infrastructure fund, and an Indian EPC contractor — illustrates the increasingly cross-border character of large-scale clean energy investment on the continent.
The contract award follows Egypt securing $801 million in European Union backing for a separate power-grid expansion, reinforcing the country’s position as one of Africa’s most active destinations for energy infrastructure capital.
For Hassan Allam Construction, the West Minya award extends a run of major contract wins. The Egyptian group 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, underscoring its growing footprint across infrastructure projects in both Africa and the Middle East.
Egypt has set ambitious renewable energy targets as it works to strengthen electricity security and reduce dependence on fossil fuels. Projects of this scale — pairing large solar generation capacity with battery storage to smooth supply — are central to that strategy, and the West Minya development will add meaningful capacity to the national grid once operational.
For investors tracking Africa’s energy transition, the deal also highlights the expanding role of Asian engineering firms in the continent’s infrastructure buildout, with Indian contractors increasingly competing for — and winning — large EPC mandates alongside African and European partners.
