Scatec Solar swung from profit to loss last year
The Norwegian solar developer has gone from a $15.5 million profit at the end of 2018 to a $4.33 million loss just as its project co-financiers banked $21.5 million.
Emerging markets help new faces into list of world’s top EPC providers
Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.
Scatec reaches commercial operation for another 112 MW of capacity
The Norwegian developer has opened plants in Ukraine and Egypt. Scatec Solar recently announced it managed to triple energy production in the last year.
Cameroon to improve power supply with 25 MW solar projects
Energy of Cameroon wants to build two solar parks to improve power supply in the country’s northern regions. The projects will be developed by a consortium led by Norwegian solar company Scatec.
Metito wins 45-55 MW Bangladesh project with $0.07/kWh bid
A consortium led by Metito Utilities, JinkoPower and Al Jomaih Energy and Water has won a tender to build a 45-55 MW grid-tied solar plant with a bid of $0.0749/kWh — the lowest ever seen in Bangladesh.
Scatec Solar triples production over last year
The IPP released its latest financial figures and leadership says that with growth across all business units, Q2 2019 is its best quarter ever.
Scatec Solar secures financing for 55 MW solar plant in Ukraine
With the project, the Norwegian developer has 282 MW under construction and project backlog of 123 MW in Ukraine. The 55 MW Chigirin project will benefit from the generous feed-in tariffs which have secured membership of the gigawatt club for the eastern European nation.
Norwegian wafer maker and US mounting system supplier join the solar gold rush
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
Scatec Solar connects another batch of bifacial tracking capacity in Egypt’s Benban complex
Boasting 195 MW of bifacial-and-tracking capacity, Scatec Solar is halfway to its planned 400 MW target for the technology combination at the 1.8 GW Benban park. The remainder is likely to come online this year.
Sharp completes 49 MW in central Vietnam
A unit of the Japanese electronics group has finished building a 49 MW solar array in Quang Ngai province, in collaboration with Thailand’s Sermsang Power.
