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Scatec and Aeolus switch on Tunisia’s first Scatec-built solar plant: 60‑MW Sidi Bouzid hits COD, anchoring a 30‑year PPA as twin Tozeur project targets 2026.

Scatec ASA secures BRL 150 million for its 142-MW solar plant in Brazil, powering 145,000 homes and cutting CO₂ by 150,000 tonnes annually. Completion set for Q2 2026.

Construction will now kick off at three PV sites as well as a 225MW storage facility in the Kenhardt region

The Progressovka project is located in the Mykolayiv region of the country

Norwegian firm Scatec ASA (OSL: SCATC) introduced on Thursday it has actually made its very first drawdown under a USD-243-million (EUR 225.31 m) non-recourse loan center as construction of the 531-MW Mendubim solar project in Brazil remains in development.

Scatec Solar has actually struck a US$ 1.1 billion bargain to obtain leading hydropower developer SN Power, proclaiming the capacity for floating solar on hydro storage tanks.

Scatec Solar and its partners have grid connected its third solar power plant in Malaysia, the 66MW Merchang plant. Scatec now boasts a 197MW PV pipeline within the country.

Scatec Solar has closed financing on 3 Grootfontein solar projects in South Africa with a combined capacity of 273MW. Construction to begin Q1 of 2024 and estimated to power 100,000 households. Financed by equity and $241m of project finance debt.

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million.

The Norwegian developer has opened plants in Ukraine and Egypt. Scatec Solar recently announced it managed to triple energy production in the last year.

Norwegian energy companies Equinor as well as Scatec are to work together on a 480MW solar project in Brazil.

Norwegian sustainable power manufacturer Scatec ASA (OSL: SSO) has actually closed the sale of its 42% equity risk in the 258-MW Upington solar farm complex in South Africa, the firm said on Thursday.

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.

The Tunisian government has actually okayed to several solar projects with a mixed result of 500 MW as well as an overall financial investment of TND 1.2 billion (USD 407.9 m/EUR 374.9 m).

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.