scatec

Independent power producer (IPP) Scatec has ramped up project development activity after witnessing its earnings fall by nearly 14% year-on-year.

A round-up of project-related news from the world of solar-storage hybrid projects, featuring news from South Africa, Puerto Rico and Hawaii.

Renewables company Scatec has signed a power purchase agreement (PPA) with alumina supplier Alunorte for its Mendibum solar project in Brazil.

Independent power producer Scatec has signed power purchase agreements (PPA) for three co-located solar and storage projects in South Africa that include 540MW of PV capacity.

Russia’s invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power producer (IPP) Scatec.

Technical advisory TÜV Rheinland has issued its first green hydrogen and green ammonia certification globally to Green Hydrogen & Chemicals, a joint venture between solar developer ACME Group and renewable company Scatec.

Raymond Carlsen is stepping down as CEO of independent power producer Scatec after 13 years in the role, to be replaced by the company’s EVP of project development, Terje Pilskog.

Norwegian renewables company Scatec has signed a memorandum of understanding with the General Authority for Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority to develop a large-scale green ammonia plant in Egypt.

Norwegian renewables company Scatec and Indian solar developer ACME Group have signed a joint venture agreement to develop a large-scale green ammonia facility in Oman with an annual capacity of 1.2 million tonnes once fully developed.

Norwegian renewables company Scatec is to build a 532MW solar PV project in the Brazilian state of Rio Grande do Norte through a US$320 million investment following agreement from state authorities.