The fresh funding wraps up a summer of global expansion for the Norwegian firm, with utility-scale projects switched on in Ukraine, Egypt, Mozambique and Malaysia.
Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.
Renegotiating renewable tariffs agreed in the early 2010s to help technically insolvent state utility Eskom could “dent investor confidence”, says SAPVIA.
Scatec Solar and its partners were busy over the last month, with the company completing a 65MW PV project in Malaysia while starting work on a 117MW installation in Argentina.