scatec

Norwegian independent power producer Scatec has powered a 540MW solar-plus-storage project in South Africa.

Scatec has signed an agreement with the Egyptian Electricity Holding Company to develop a project consisting of 1GW of solar and 200MWh of battery storage during the COP28.

Norwegian independent power producer (IPP) Scatec has posted a weakened financial results for the third quarter of 2023, with year-on-year power production and profit dropping by 7.8% and 71.6% respectively.

Globeleq has purchased Scatec’s 52.5% share in the 41MW Central Solar de Mocuba solar PV plant in Mozambique.

Scatec has reached financial close for its three solar projects in South Africa, which will have a combined capacity of 273MW.

Independent power producer (IPP) Scatec has posted strong results in the first quarter of the year driven by strong operational and financial performance.

Independent power producer (IPP) Scatec refinanced US$100 million of its US$193 million bridge-to-bond facility with a new term loan due in Q4 2027.

Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.

The fifth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme has signed power purchase agreements with 13 solar PV projects.

Scatec, the Norwegian independent power producer (IPP), has signed 273MW of power purchase agreements (PPAs) for solar projects in South Africa under the government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).