227 MW of solar green lit for Bangladesh
The government of Bangladesh this week approved proposals for setting up five solar based power plants, which will generate 227 MW of electricity in this power hungry country.
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.
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.
Scatec Solar raises the stakes in South African PV
Norwegian developer Scatec has upped its holding in three operational PV projects in South Africa. Each of the plants is operating under a 20-year PPA with utility Eskom. Scatec’s investments in the country are secured by guarantees from the World Bank Group.
Scatec Solar reports higher revenue, lower profits
The Norwegian developer had 357 MW of PV projects in operation and 1,057 MW under construction at the end of the third quarter of this year.
Revenues rise for Scatec Solar, as projects under construction surpass 1 GW
Norwegian project developer, Scatec Solar has posted increased revenues for the second consecutive quarter. The company states that this performance is primarily attributed to its increased development and construction activities, with more than 1 GW of projects under construction worldwide.
Scatec secures third large-scale PV project in Ukraine
The Norwegian developer, which is already developing two solar plants totaling 83 MW in the Eastern European country, has now secured an agreement to build a 47 MW facility in the Mykolaiv region in south Ukraine.
Scatec wants to double size of project pipeline
Chief executive of Norwegian developer tells markets his company will deliver on 1.5 GW promise by the end of the year – by including any projects it has broken ground on.
Revenues rise for Scatec Solar amid increased construction activity
Norway based project developer, Scatec Solar has posted consolidated revenue of NOK 289 million (US$37.1 milion) for the first quarter of 2018, and the company’s EBITDA increased to NOK 212 million ($27.1 million), over the previous quarter’s NOK 207 million. It attributes the improved financials to an increase in development and construction activity.
Tenaga Nasional signs PPAs for 60 MW in Malaysia
Tenaga Nasional Bhd. has signed power purchase agreements (PPAs) for two large-scale, grid-connected solar projects in Malaysia.
