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Scatec's largest Ukrainian solar plant is now on the free market - with no loan & lower feed-in tariffs. Alina Sviderska, Country Manager, is delighted with the results. To counter low payments from the Guaranteed Buyer, renewable energy companies are selling electricity at market prices.

Scatec ASA hits financial close on groundbreaking 60-MW Botswana solar park, providing power to 20,000 homes and paving the way for a greener future.

Scatec will certainly create the solar energy center with an acquired capacity of 50 MW at Selebi Phikwe. The solar power plant will make sure that roughly 48,000 lots of CO2 emissions will be avoided and power roughly 20,000 homes annually.

Norwegian green power manufacturer Scatec ASA (OSL: SCATC) has actually landed a project to construct a 50-MW solar farm in Botswana which should reach commercial operation by the end of June 2024.

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. “We are excited to secure our first projects in Tunisia, supporting the Government’s target to reach 30 percent electricity production from renewables by 2030. We have solid experience from successful development, execution and operation of projects in Africa and the Middle East over the last years that we bring with us as we enter this new market”, said Raymond Carlsen, CEO of Scatec Solar.   The three projects of approximately 60 MW, 60 MW and 240 MW will be located in Tozeur, Sidi Bouzid and Tataouine respectively. The solar power plants will hold 20 years of PPAs with Société Tunisienne de l’Electricité et du Gaz (STEG). The solar plants are expected to generate about 830 GWh per year, enough electricity to power more than 300,000 Tunisian households annually and contributing to avoid 480,000 tonnes of CO2 emissions each year. Scatec Solar will be the lead equity investor in the projects. The company will also be the Engineering, Procurement and Construction (EPC) provider and provide Operation & Maintenance as well as Asset Management services to the power plants. Since the end of 2016, the Tunisian government has embarked on the implementation of its programme for the development of electricity production from renewables. In this framework, the Ministry of Industry and SMEs launched an international tender for solar PV projects in 2019. In October, the firm had announced that it had, along with its partners, grid-connected the last of the six 65 MW solar power plants in Egypt. Marking the completion of the 390 MW Benban solar project located near Aswan in Upper Egypt. The project is part of the 1.8 GW Benban solar park, one of the world’s biggest solar parks where Scatec Solar is the largest developer. In April 2017, Scatec Solar and partners KLP Norfund and Africa 50 signed a 25-year Power Purchase Agreement (PPA) with the Government of Egypt for delivery of electricity from six solar plants, totaling 390 MW.

Scatec powers up 273‑MW Grootfontein in Western Cape, easing load‑shedding and proving big solar’s momentum—bolstering REIPPPP goals, priming solar‑plus‑storage growth, and signaling fresh utility‑scale investment.

together with our partners in Malaysia. This also marks the completion of Scatec Solar’s first large scale solar project in South East Asia, a market where we

Norway-based renewables programmer Scatec ASA (OSL: SSO) has thrown out strategies to build and run two solar energy plants with a combined capacity of 525 MW in southern Iraq.

Norwegian clean power producer Scatec ASA (OSL: SCATC) will certainly install a 20-MW solar photovoltaic or pv (PV) plant in the Kingdom of Lesotho, Southern Africa.

Norway headquartered sustainable power manufacturer as well as distributor, Scatec has today introduced its collaboration with an Indian solar programmer ACME, to establish a 900 MW solar power plant in Rajasthan, India.

Russia's invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power manufacturer (IPP) Scatec.

power provider Scatec Solar has continued its steady growth in terms of installed capacity and financial results. Just days ahead of publication of

more financial investments in renewables projects, the business claimed. Scatec Solar is presently remaining on a considerable pipe of solar possessions totaling up

EBRD is reviewing an $80M loan for Scatec’s Egypt solar-plus-storage project, boosting bankability with “firmed renewables” to cut peak power reliance and deliver more reliable energy.

Independent power producer (IPP) Scatec has actually increase project development activity after witnessing its profits fall by almost 14% year-on-year.