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.
Scatec Solar plans 25 MW solar park in central Ukraine
The Norwegian developer’s first solar project in the eastern European country is expected to help the region of Cherkasy reduce its energy shortage.
Financing closes for Mozambique’s first large-scale PV project
Scatec Solar, alongside Norfund Investments and Electricidade de Mozambique have closed financing and begun construction on the first utility-scale solar plant in Mozambique, a 40 MW project to be located close to the city of Mocuba.
Scatec Solar plans 800 MW solar park in Bangladesh
The large-scale solar plant is set to be built in Chandpur, in the Chittagong Division of Bangladesh.
Scatec solar reports significant growth in revenue, profits in full fiscal 2017
The Norwegian developer had 322 MW of PV projects in operation and 394 MW under construction at the end of the fourth quarter of last year.
