scatec

Norwegian renewable energy firm Scatec has signed lease agreements for 64MW of solar PV and 10MWh of energy storage capacity in Liberia and Sierra Leone.

Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.

Scatec has signed a 15-year power purchase agreement (PPA) with BTG Pactual Comercializadora de Energia to develop a 130MW solar project in Colombia.

Scatec has reported stable financial results in the second quarter of 2025, with revenue holding steady at NOK2.3 billion (US$220 million).

Independent power producer (IPP) Scatec has secured BRL150 million (US$27 million) for its 142MW solar PV plant in Minas Gerais, Brazil. 

Norwegian IPP Scatec has been selected for an 846MW solar cluster in the latest REIPPPP tender from South Africa.

Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.

Scatec has announced revenues of NOK2.39 billion (US$230 million) and profits of NOK1 billion (US$96 million) in the first quarter of 2025.

Scatec has penned a 25-year PPA with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz for a 120MW solar PV power plant.

The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.