Scatec Solar Secures 40 MW Solar Power Project in Malaysia Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […] Read more
Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] Read more
Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil Updated On Thu, Oct 5th, 2017 by Saurenergy Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […] Read more
Scatec Solar and partners sign Power Purchase Agreements for 400 MW Solar PV Plants in Egypt Updated On Thu, Apr 20th, 2017 by Saurenergy Located in Ben Ban area near Aswan in Upper Egypt, the 400 MW Solar PV plants are expected to generate about 870 GWh of solar power per year. Scatec Solar and partners have signed 25-year Power Purchase Agreements for delivery of electricity from six solar PV plants totaling 400 MW (DC) with the Government of […] Read more
Scatec Solar looks to Develop 60MW Portfolio of Solar PV Projects in Ukraine Updated On Fri, Mar 10th, 2017 by Saurenergy Scatec Solar is planning to construct two solar PV projects in Ukraine, with a combined generation capacity of 60MW. Norwegian solar project developer Scatec Solar is looking to develop two large-scale solar PV projects in Ukraine, according to a release from the Ukraine’s Ministry of Energy and Coal Industry. Scatec Solar is looking to develop […] Read more
Scatec Solar closes sale of 104 MW (DC) Utah Red Hills solar power plant to MIC Renewable Energy Updated On Fri, Dec 30th, 2016 by Saurenergy Sale generated gross cash proceeds to Scatec Solar of USD 28 million Scatec Solar has closed the sale of 100% of the sponsor equity in the 104 MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings. The sale generated gross cash proceeds to Scatec of USD 28 million (NOK 245 million). The […] Read more
Scatec Solar partners with local ItraMAS-led consortium to build 200 MW PV in Malaysia Updated On Thu, Dec 15th, 2016 by Saurenergy Scatec Solar has entered the Malaysian large-scale solar energy market by joining forces with a local ItraMAS-led consortium that has signed three 21-year Power Purchase Agreements (PPAs) with the country’s largest electricity utility, Tenaga Nasional Berhad (TNB). The partnership covers three solar projects totaling nearly 200 MW and involves a total investment of close to […] Read more
Scatec Solar secures 150MW of solar project in Brazil Updated On Wed, Dec 7th, 2016 by Saurenergy Scatec Solar has signed an agreement with the Brazilian company Kroma Energia Ltda. and its partners (“Kroma”), securing four PV plants totaling 150 MW (DC) co-loated in the state of Ceará in Brazil. The projects were bid and won by Kroma in the auction process held by ANEEL, the Brazilian Electricity Regulatory Agency, in November […] Read more
Scatec Solar signs an agreement for 100MW solar project in Nigeria Updated On Wed, Aug 17th, 2016 by Saurenergy Integrated independent solar power producer, Scatec Solar has signed an agreement with a Canadian renewable energy development company CDIL focused on Africa and BPS, a Nigerian strategic consulting firm for a 100 MW (DC) Nova Scotia Power plant located in Jigawa State, Nigeria. Raymond Carlsen, CEO of Scatec Solar stated that “Solar power in Nigeria […] Read more
