Scatec Solar

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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Scatec Solar Bags 3 Solar Projects Worth 360 MW in Tunisia

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched earlier. Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. “We […]

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Scatec Solar Posts Strong Financial Results for Q3 2019

Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […]

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Scatec Solar Commissions 390 MW Benban Project in Egypt

Scatec Solar has grid-connected the last of the six 65 MW solar power plants in Egypt, marking the completion of the 390 MW Benban solar project in Egypt. Scatec Solar and partners have grid-connected the last of the six 65 MW solar power plants in Egypt. This marks the completion of the 390 MW Benban […]

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Scatec Solar Introduces Solar Plant Leasing Service ‘Release’

Scatec Solar is launching a new service that will offer industrial players in emerging markets access to flexible, reliable and low-cost power through solar plant leasing. The new service, called Release- by Scatec Solar, offers companies flexible leasing agreements of pre-assembled solar and battery equipment, from 1 to 20 MW capacity. The solution is particularly […]

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Scatec Solar Begins Commercial Operation of its 47 MW Plant in Ukraine

Scatec Solar and partner Rengy Development have reached commercial operation for the 47 MW Rengy solar project in the south of Ukraine. Independent solar power producer Scatec Solar and partner Rengy Development have grid-connected and reached commercial operation for the 47 MW Rengy solar project in the south of Ukraine. “We are very proud to […]

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Scatec Solar Commissions 66 MW Solar Plant in Malaysia

Scatec Solar has commissioned its 3rd solar power plant in Malaysia, the 66 MW Merchang plant. It now has a total of 197 MW in operation in the country. Scatec Solar and partners have grid-connected its third solar power plant in Malaysia, the 66 MW (DC) Merchang plant. The company now has a total of […]

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FMO Acquires 40% Stake in Scatec Solar’s Kamianka Project in Ukraine

Scatec Solar has signed an agreement with FMO, for it to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. Scatec Solar has signed an agreement with FMO, the Dutch development bank, for FMO to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. The […]

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Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine

Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […]

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