Elsewedy Electric to Launch Renewable Energy Projects in Greece by 2026
Elsewedy Electric plans to invest in two battery energy storage system projects in Greece, totaling 200 megawatt-hours (MWh), set to begin operations in early 2026. This initiative is part of a broader strategy to support Europe's energy transition, with the company also exploring additional renewable projects in three Eastern European countries. Elsewedy Electric's recent achievements include delivering over 3 gigawatts (GW) of power generation projects globally and securing an EPC contract for Hungary's largest hydrogen-ready power plant.
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Elsewedy Electric plans to invest in two renewable energy projects in Europe during 2026, focusing initially on two battery energy storage system (BESS) projects in Greece with a total capacity of 200 megawatt-hours (MWh), expected to commence operations in early 2026. The company is also looking to initiate additional renewable energy projects in three Eastern European countries.
This expansion reflects Elsewedy Electric's commitment to supporting Europe's energy transition, leveraging its engineering, procurement, and construction capabilities. In 2025, the company delivered over 3 gigawatts (GW) of power generation projects, including developments in Tanzania, the UAE, and Saudi Arabia. Elsewedy Electric also secured an EPC contract for Hungary's largest hydrogen-ready power plant, further solidifying its role in European energy infrastructure.
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