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Scatec Solar has actually revealed that it has, together with its companions, grid-connected and also began business procedures of the 54 MW Boguslav solar project in the Kyiv area of Ukraine. As well as keeping that, the company has actually specified that it has actually passed the turning point of 1.5 GW solar ability in operation worldwide. Along with functional properties, the company additionally mentioned that a profile of 399 MW ability is unfinished, of which 235 MW remains in Ukraine. "We delight in to finish our 2nd project in Ukraine, in less than 10 months after shutting the funding. The Boguslav solar plant will certainly cause the reduction of greater than 55,000 tonnes of CO2 exhausts and also add to expanding the share of renewable resource in the nation, claims Raymond Carlsen, CEO of Scatec Solar. The project is become aware under Ukraine's Feed-in-Tariff plan as well as is anticipated to provide regarding 61 GWh annually. The Boguslav plant will certainly be supplying tidy power for as much as 27,000 houses. Public land has actually been rented for the solar power as well as a prolonged time-period plants are anticipated to supply power likewise past the Feed-in-tariff duration. In April, the company had actually revealed that it has actually begun business procedure of the 3rd 86 MW solar plant in Upington, South Africa, finishing the 258 MW solar energy facility. The 86 MW center, referred to as Dyason's Klip 2, is anticipated to create 217 GWh each year. The Upington solar energy complicated is approximated to supply annual production of 650 GWh, giving tidy power to around 120,000 families as well as result in the reduction of greater than 600,000 tonnes of CO2 exhausts every year. "We are proud to have actually accomplished this significant landmark. Power supply is thought about vital framework, and also we delight in to be sustaining South African power supply with renewable resource to an additional 40,000 homes each year," Carlsen had actually stated at the time. In January, the company reported solid development in the 4th quarter of 2019 with in proportion profits of NOK 1,642 million (1,666) (USD 181 million), and also EBITDA of NOK 434 million (329 ). Power manufacturing got to 298 GWh on a proportional basis, up practically threefold from the exact same duration in 2014, including in existing long-lasting and also foreseeable capital.

and Development (EBRD) is considering a loan of up to $120 million to support Scatec ASA's 1-GW solar and storage project in Egypt. The loan is currently in the

H1 Holdings as well as a community count on. Along with having bulk risks, Scatec will certainly offer engineering, procurement as well as building and

Scatec ASA has achieved financial close for its 142-MW Rio Urucuia solar plant in Minas Gerais, Brazil, securing BRL 150 million (USD 27 million) in long-term debt from Brazilian lenders. This financing covers 60% of the project's BRL 260 million capital cost, with repayment over 18 years from power-purchase-agreement revenues. Construction began in May, with module installation set for November and full commissioning by Q2 2026. The plant will generate 300 GWh annually, powering 145,000 households and reducing CO₂ emissions by 150,000 tonnes per year.Scatec, co-developing with Equinox Energia, retains 70% equity and EPC oversight. The project benefits from a 20-year inflation-indexed tariff under Brazil’s A-6 energy auction framework, protecting it from wholesale-price fluctuations. This development supports Scatec's 1.9-GW South American pipeline and its global 2027 goal of 4.5 GW in operation. CFO Mikkel Tørud highlighted the project's bankability despite higher interest rates. Brazil's solar sector continues to grow, with strong PPA pricing and a maturing lending environment, demonstrating investor confidence in utility-scale PV projects. How does Scatec's Rio Urucuia solar plant impact Brazil's renewable energy landscape? Increased Renewable Capacity: The Rio Urucuia solar plant adds 142 MW to Brazil's renewable energy capacity, contributing to the country's goal of increasing its share of clean energy sources. Economic Growth and Job Creation: The construction and operation of the plant are expected to create jobs and stimulate economic growth in the Minas Gerais region, supporting local communities. Energy Security and Independence: By diversifying its energy mix with more solar power, Brazil enhances its energy security and reduces dependence on fossil fuels and imported energy. Environmental Benefits: The plant's annual reduction of 150,000 tonnes of CO₂ emissions supports Brazil's climate goals and commitments under international agreements like the Paris Agreement. Technological Advancement: The project showcases advancements in solar technology and project management, potentially setting a benchmark for future solar developments in Brazil. Investor Confidence: The successful financial close and backing by Brazilian lenders reflect strong investor confidence in Brazil's renewable energy sector, encouraging further investments. Policy Support and Stability: The 20-year inflation-indexed tariff under the A-6 energy auction framework provides financial stability and predictability, making renewable projects more attractive to investors. Contribution to National Goals: The project aligns with Brazil's national energy strategy to increase the share of renewables in its energy mix, supporting the country's transition to a low-carbon economy. Scatec's Strategic Growth: The project is a key component of Scatec's strategy to expand its footprint in South America and achieve its global target of 4.5 GW in operation by 2027. Market Maturity: The development of the Rio Urucuia plant indicates a maturing solar market in Brazil, with improved PPA pricing and a supportive lending environment.

joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a

joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a

companies Scatec, Equinor and also Hydro Rein have actually started building of the 531MW Mendubim solar farm in the state of Rio Grande do Norte,

solar energy producer Scatec Solar, which is headquartered in Norway, stated it has completed work with the task, combining a 700kWp solar PV system with

a 540 MW (720,000 hp) solar power facility located in South Africa.  Scatec Bolobedu Solar Power Station map Limpopo 149

project in Brazil. Mendubim is being created as a joint venture in between Scatec, Hydro Rein and Equinor, and is located in the state of Rio Grande do

Scatec and also its partners, OCI NV, Fertiglobe, The Sovereign Fund of Egypt and Orascom Construction have actually selected Plug Power as the electrolyser technology carrier for a 100MW green hydrogen center in Egypt. The electrolyser, expected to be the biggest around the world when it comes online, will be constructed at the Egyptian Basic Industries Corporation SAE (EBIC)'s facility in Ain Sokhna. The hydrogen will be utilized to produce green ammonia. Egypt is an ideal area to create green hydrogen given its distinct renewables profile with strong solar as well as wind lots, as well as distance to markets with a hydrogen shortage, the designers said. Scatec chief executive Raymond Carlsen claimed: "We are extremely happy with the option of Plug Power as technology supplier to the 100MW hydrogen facility. " This is a key milestone for the project, as well as assists moving the green schedule ahead in Egypt ahead of COP27 in the nation following year." OCI NV exec chairman Nassef Sawiris included: "We are excited to announce this key milestone in this important item of our hydrogen technique. " Plug Power is a leader in electrolysis technology, as well as this strategic collaboration better solidifies our implementation technique. " At startup, this will be the biggest green hydrogen and also largest green ammonia application internationally. " Construction is anticipated to follow an accelerated schedule to display the green hydrogen facility during COP27 in Egypt in November 2022, highlighting Egypt's and Fertiglobe's expanding management in the renewable energy markets and also dedication to a greener future."

of its 500 MW solar tender, which was held in the summer. Norwegian developer Scatec Solar was the biggest winner, with three projects totaling 300 MW. It will

to develop a 480-MW solar project in Rio Grande do Norte with compatriots Scatec Solar ASA (OSL: SSO) and Norsk Hydro

memorandum of understanding with a consortium led by Norwegian solar developer Scatec Solar for the construction of two PV plants with a total installed generation

country's giving in system in 2019 to Norwegian sustainable power manufacturer Scatec ASA (OSL: SCATC), a consortium of France's Engie (EPA: ENGI) as well as