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Inside the financing of Egypt’s largest solar‑plus‑storage project Norwegian developer Scatec ASA has commissioned the first phase of the 1.1 GW Obelisk solar and battery energy storage system (BESS) project in Egypt, backed by $479.1 million in development finance institution (DFI) debt and a fully contracted storage revenue model.
Brian Publicover
Apr 17, 2026
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Equinor acquires US energy storage developer Battery storage is key to Equinor’s strategy of supporting its portfolio of offshore wind and upstream oil and gas, as well as future opportunities in the hydrogen and renewables space.
Anne Fischer
Jul 13, 2022
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Equinor acquires Danish solar developer Equinor is set to fully acquire developer BeGreen, which has a project pipeline of more than 6 GW in Denmark, Sweden and Poland.
Beatriz Santos
Nov 03, 2022
1
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Equinor takes 9.7% stake in Scatec Solar The Norwegian oil producer has already partnered with Scatec on large-scale PV projects in Brazil and Argentina. The transaction cost $82.4 million.
Emiliano Bellini
Nov 16, 2018
7
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Equinor, Saipem test offshore solar in Norwegian Sea The two companies want to test a floating PV array under harsh weather conditions in rough waters for at least a year. The system will be based on a floating solar technology developed by Maritime Moss, a unit of Saipem.
Emiliano Bellini
Jan 15, 2021
3
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Scatec, Equinor acquire 117 MW PV project in Argentina The Guañizuil II A project was selected by Argentina’s government under phase two of the third round (Ronda 2) of the country’s renewable energy program, Renovar.
Emiliano Bellini
Jun 19, 2018
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Norway’s Statoil changes name to Equinor to reflect new clean energy strategy The Norwegian oil company announced its intention to enter the solar energy business in October, when it launched a US$197 million fund dedicated to renewable energies.
Emiliano Bellini
Mar 15, 2018
4
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Floating structure design for offshore PV Researchers at the Norwegian institute Sintef are testing a special floating structure that Equinor wants to deploy in offshore waters. The structure is built with an anchoring system that is claimed to give the installation enough freedom to cope with the waves.
Emiliano Bellini
May 03, 2021
1
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Scatec switches on 162 MW solar plant in Brazil The US$215 million Apodi solar park is located in the city of Quixeré, in the state of Ceará. The project was selected in Brazil’s second auction for renewables, which was held in 2015.
Emiliano Bellini
Nov 29, 2018
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The Hydrogen Stream: 45 GW project in Kazakhstan, new push from Norway German project developer Svevind Energy and Kazakh Invest wants to build a 45 GW green hydrogen complex in Kazakhstan. Norwegian companies Equinor, Aker Group and Saga Pure announced separate plans to further develop their green hydrogen solution.
Sergio Matalucci
Jun 29, 2021
4
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