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Rosatom and TeleTec to localize energy storage in Egypt
The Russian State Atomic Energy Corporation, Rostatom, through its Fuel Department responsible for building the Dabaa plant, along with the Egyptian Telecommunication Authority (TeaLeTk), announced the signing of an agreement to localize the assembly of energy storage systems in Egypt. The goal is to establish a platform for manufacturing and training local personnel. The agreement involves creating a local facility with an annual production capacity of up to 500 megawatt-hours, focusing on developing storage systems using lithium-ion batteries. This aims to enhance electricity supply reliability, reduce dependency on imports, and support Egypt's Clean Energy Plan 2030. The collaboration also includes training personnel and expanding local capabilities, contributing to improved grid stability and the provision of batteries for a significant number of electric vehicles annually, in line with sustainable development goals and technology localization efforts.
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