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The 1.1GW/200MWh solar-plus-storage project will be built in two phases. Image: Scatec via LinkedIn.

Scatec secures US$479 million for 1.1GW/200MWh hybrid project in Egypt

June 16, 2025
Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.
A Scatec project in Egypt.

Scatec reports YoY revenue growth in Q1 2025

May 9, 2025
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.
The Benban solar park in Egypt.

Scatec pens 120MW solar PPA with Tunisian state utility company

March 25, 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 Benban solar park in Egypt.

Scatec signs PPA for 1.1GW/200MWh Egypt solar-plus-storage, commissions Botswana PV

March 18, 2025
The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.
Image: Scatec

Scatec revenue drops YoY and on quarterly basis in Q4 2024

February 3, 2025
Scatec has registered a consolidated revenue of NOK1.15 billion for the last quarter of 2024, down from the same period a year prior.
Scatec-solar-image-Credit-Scatec

Scatec awarded Romania CfD for 190MW solar PV portfolio

January 21, 2025
Norwegian independent power producer (IPP) Scatec has signed a 15-year Contract for Difference (CfD) in Romania for a solar PV portfolio.
Voltalia's RA Solar project in Egypt.

Tunisia awards over 500MW of solar capacity in latest round of tenders

December 31, 2024
Tunisia has announced the winners of tenders for over 500MW of solar capacity, including Qair International and Voltalia.
A solar project from Sonnedix, which was awarded 35% of the total energy supply in the auction. Image: Sonnedix.

FINANCING ROUND-UP: Sonnedix, Origis, Scatec and AMPYR raise funds for projects

December 19, 2024
This week, a number of solar developers have raised funds for a number of projects, including Sonnedix in Europe and Origis in the US.
Scatec project in Brazil

Scatec posts third quarter revenues of US$270 million, driven by divestment strategy

November 1, 2024
Scatec has published its latest financial results, which include revenues of NOK2.97 billion (US$270 million) in the third quarter of 2024.
Scatec and the EETC sign the agreement.

Scatec signs PPA for 1GW solar-plus-storage project in Egypt

September 12, 2024
Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW solar-plus-storage project.

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