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Scatec Solar

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.

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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.

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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.

40 MW PV project awarded to Scatec Solar in Malaysia

Scatec Solar will construct 40 MW plant, which is expected to be grid connected in the second half of 2019.

Scatec Solar issues $92 million in green bonds

Norwegian based project developer Scatec Solar has announced the successful placement of NOK 750 million ($92 million) in unsecured green bonds.

400 MW PV project in Egypt reaches financial close

Norwegian project developer Scatec Solar has announced financial close on six projects totaling 400 MW, to be built as part of the enormous 1.8 GW Benban Solar Park located in upper Egypt.

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Banco do Nordeste finances 482 MW of solar projects in Brazil

The Brazilian bank has agreed to finance three PV projects totaling 350 MW of the Italian energy giant Enel, and a 132 MW project under development by Norwegian companies Scatec Solar and a Statoil.

Scatec reports strong revenue and profit growth

Most of the large revenue increase is due to construction revenues in Honduras and Malaysia and to project development margin on a transaction that the company closed with Norwegian oil producer Statoil in Brazil.

GPTech to supply 197 MW inverters to PV projects in Malaysia

The Spanish inverter specialist is to supply solar farms being built in Malaysia by Norway’s Scatec Solar, which in turn is working with local ITRAMAS-led consortium on three 21-year PPAs with the country’s largest electricity utility, Tenaga Nasional Berhad (TNB).

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