Scatec Solar

$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

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ACME Solar’s Rajasthan Projects Back On Track, After Withdrawal OF Termination Notice

ACME Solar, which had filed for termination of some of its solar projects in Rajasthan, has withdrawn the termination notice, following an amicable settlement of the issue with SECI (Solar energy Corporation of India). This was informed by the firm at the Central Electricity Regulatory Commission (CERC), where it had filed the plea for termination. […]

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Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam

SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, is located in the “renewable […]

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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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Scatec Solar Passes 1.5 GW Mark for Operational PV Projects

Scatec Solar has passed the milestone of 1.5 GW solar capacity in operation globally with the commissioning of its latest 54 MW project in Ukraine Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operations of the 54 MW Boguslav solar project in the Kyiv region of Ukraine. And […]

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Scatec Solar Announces Completion of 258 MW Solar Project in South Africa

Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […]

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Scatec Solar Commissions 2nd Unit in 258 MW Solar Complex in South Africa

Scatec Solar has started early commercial operation for another 86 MW, the second of three, of the 258 MW solar power complex in Upington, South Africa. Scatec Solar and partners have grid-connected and started early commercial operation for another 86 MW unit, the second of three, of the 258 MW solar power complex in Upington, […]

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Scatec Solar Reports Strong Q4 With 32% EBITDA Growth

Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million (1,666) (USD 181 million), and EBITDA of NOK 434 million (329). Power production reached 298 […]

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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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