Scatec hires ex-Equinor executive as new CFO

Facebook
Twitter
LinkedIn
Reddit
Email
Scatec recently expaned its South African portfolio and announced almost US$1 billion in investment into emerging markets. Image: Scatec.

Norwegian independent power producer Scatec has hired Hans Jakob Hegge as its new chief financial officer (CFO). He succeeds Mikkel Tørud, who will take over as Scatec’s executive vice president of green hydrogen and Middle East and North Africa region.

Hegge spent 25 years in senior positions at energy company Equinor, most recently as country manager for the US. In 2021 he became CFO at Moreld, an industrial group established in 2019 by Norwegian private equity investor HitecVision. The Scatec CFO role will be his as of 1 March 2023.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Hegge has extensive experience from senior leadership positions from both finance and operations, roles that are well suited for Scatec’s growth journey,” said Scatec CEO Terje Pilskog.

“He will be a solid addition to our management team, supporting our growth ambitions and strategy to develop, own and operate renewable energy and green hydrogen across our focus markets.”

Last week, Scatec signed 273MW worth of power purchase agreements with South African utility Eskom as part of the South African government’s scheme to build out renewable energy infrastructure in the country.

In November, Scatec announced plans to invest US$950 million in expanding its renewables portfolio across selected emerging markets.

“Working in the largest renewables company listed on the Oslo stock exchange is exciting and I am eager to contribute to the growth journey the company has started on,” said Hans Jakob Hegge.

Read Next

September 15, 2026
Two community solar platforms in the US have closed over US$370 million of financing to fund 200MW of new projects in New York and Illinois.
Premium
September 15, 2026
DYCM’s co-founder Sriram Das talks about US solar manufacturing, domestic supply chains and navigating shifting policy.
September 15, 2026
Brazil has installed 891MW of utility-scale solar PV in August 2026, according to recent data from the country’s regulatory agency, the National Electricity Agency (ANEEL).
September 15, 2026
Guidance on China’s new national PV standards details how the regulatory environment is set to tighten for the country’s PV manufacturers.
September 15, 2026
The next phase of growth in India's solar industry depends on understanding gaps across the wider manufacturing ecosystem.
September 14, 2026
The US Department of Commerce (DoC) has finalised antidumping and countervailing duty rates on crystalline silicon PV cells imported from India, Indonesia and Laos, with combined rates reaching 249.13% for Indian manufacturers.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK