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.
Other companies in Norway
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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March 24, 2025
PPA signed for 120 MW Solar PV project in Tunisia
Scatec ASA has signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l’Electricité et du Gaz (STEG) for the 120 MW Sidi Bouzid II...
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March 17, 2025
Scatec starts commercial operation of solar power plant in Botswana
Scatec ASA has started commercial operation of the first 60 MW of the 120 MW Mmadinare Solar Cluster in Botswana. The power plant is Scatec’s first in Botswana and will generate predictable rev...
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March 17, 2025
PPA signed for 1.1 GW solar + BESS project in Egypt
Scatec ASA signed a 25-year USD-denominated corporate Power Purchase Agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV with 100 MW/200MWh BESS project in Egypt.
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March 04, 2025
Financial close reached for 56 MW Magat BESS in the Philippines
Scatec ASA’s joint venture with Aboitiz Power in the Philippines has reached a financial close and is preparing for the construction start of the 16 MW Magat (phase 2) and 40 MW Binga Battery En...
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December 26, 2024
Scatec starts construction at the 142 MW Urucuia solar project in Brazil
Scatec ASA has started construction of the 142 MW solar plant in Minas Gerais, Brazil. Scatec secured a EUR 25 million (US$ 26 million) debt facility from IFU, the Danish Investment Fund for Dev...
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December 24, 2024
Financial close for 60 MW Mmadinare Solar Complex in Botswana
Scatec ASA has reached financial close for the second phase of 60 MW of the 120 MW Solar Complex located near Mmadinare, close to the former mining town of Selebi-Phikwe, 400 km Northeast of the capit...
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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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