Scatec
Company description
Scatec is a renewable energy solutions provider, that accelerates access to reliable and affordable clean energy in high-growth markets. The company develops, builds, owns and operates renewable energy plants. The company is involved in the entire life cycle of renewable energy projects, from the initial development and financing to construction and long-term operation. The company may engage in partnerships, joint ventures, or collaborations to fund and implement its projects.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
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The company has not participated in any projects.
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Company updates
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October 22, 2024
Financial close achieved for 103 MW/412 MWh battery energy storage system in South Africa
Scatec ASA has reached financial close for the 103 MW/412 MWh Mogobe battery energy storage system (BESS) facility and is now making final preparations to start construction of the project located nea...
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October 07, 2024
USD 32 million grant awarded from PtX Development Fund for Egypt Green Hydrogen project
Scatec ASA’s Egypt Green Hydrogen project has signed an agreement with the PtX Development Fund for a grant of EUR 30 million (USD 32 million) for partial financing of the project which will hav...
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September 16, 2024
Scatec signs PPA for 1 GW solar and 100 MW/200 MWh battery storage project in Egypt
Norwegian developer Scatec ASA has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid...
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August 13, 2024
US$13.7 million loan to finance construction of 120 MW solar power plants in Tunisia
The European Bank for Reconstruction and Development (EBRD) has approved a EUR 12.5 million (US$13.7 million) loan to finance the construction of two 60 MW solar power plants in Tozeur and Sidi Bouzid...
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July 17, 2024
Offtake agreement signed for 100 MW Hydrogen Project in Egypt
Scatec ASA’s Egypt Green Hydrogen project, in partnership with Fertiglobe, Orascom Construction has secured a green ammonia offtake agreement with Hintco.
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April 26, 2024
PPA signed for 142 MW solar project in Minas Gerais
Scatec ASA, signed a 10-year power purchase agreement (PPA) with Statkraft Energia do Brasil Ltda in Brazil, for a 142 megawatt (MW) solar plant in Minas Gerais, in Brazil. The BRL-denominated P...
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January 22, 2024
Preferred bidder announced for battery energy storage projects in South Africa
Copenhagen Infrastructure Partners (CIP) has announced the preferred bidder for three battery energy storage projects in South Africa. A consortium led by the South African independent power pr...
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January 10, 2024
Contract awarded for three battery energy storage projects in South Africa
Copenhagen Infrastructure Partners (CIP) has announced that a team of South African independent power producer Mulilo and France’s EDF Renewables has won preferred bidder status for three b...
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December 29, 2023
Scatec closes sale of 40 MW solar plant in Mozambique
Scatec ASA has closed the divestment of its 52.5% equity share in the 40 MW Mocuba solar power plant in Mozambique to Globeleq for USD 8.5 million. The transaction will generate a net accounting...
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December 19, 2023
Financial close for 60 MW Mmadinare Solar Complex
Scatec ASA has reached financial close on the first 60 MW of the 120 MW Mmadinare Solar Complex in Botswana. In Q3 of 2023, Scatec secured a 60 MW expansion to the project, increasing the total capac...
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