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.
ACWA Power and Iberdrola are among the seven founders of a new coalition that aims to scale up the production of green hydrogen 50-fold in the next six years while halving production costs.
Norwegian solar developer Scatec Solar has raised around US$200 million through a private placement, which it will use to pursue new project development.
IPP stands by its Q1 2020 power production forecasts and says it remains too early to predict any potential impact on solar project completion dates from the COVID-19 outbreak.
