Norwegian independent power producer (IPP) Scatec has been impacted by an impairment loss from its solar PV plants and intangible assets in Ukraine and Pakistan during its third quarter results for 2026.
Pakistan installed 27GW of distributed solar in the last two years, prompting a 21% surge in electricity demand, according to a new report from UK-based energy think tank Ember.
London-headquartered renewables developer Oracle Power has begun feasibility studies for a 1.3GW solar, wind and battery energy storage system (BESS) project in Pakistan.