Scatec Raises ZAR 979 Million With Solar Project Stake Sale
Norway’s Scatec Divests 42% Stake In 258 MW Operational South African Solar Power Plant To STANLIB Infrastructure Fund, To Finance Future Growth
One of the largest asset managers of South Africa and part of the Standard Bank Group Limited, STANLIB Infrastructure Fund II has acquired a 42% stake in 258 MW Upington Solar Power Plant in South Africa from Norway’s Scatec for ZAR 979 million ($5.
Senior Management Rejig At Scatec With A New CFO
Ex-Equinor Senior Resource On Board Scatec As Norwegian Company’s New CFO
Norwegian renewable energy company Scatec has announced senior management changes with an ex-resource of one of its stakeholders Equinor Hans Jakob Hegge set to join the company as chief financial officer (CFO) as a new role is created for the current incumbent Mikkel Tørud.
Latin America PV News Snippets
JinkoSolar Modules For 522 MW Rio Alto & 766 MW Vale Solar Projects In Brazil & More From Solarpack, Torex
JinkoSolar is supplying 522 MW solar modules for Rio Alto’s Santa Luzia project, and was also the supplier for 766 MW Vale project, both in Brazil; Solarpack secured IDB Invest and Bancolombia financing for 252 MW PV in Colombia; Torex gets permitt.
Scatec’s Project Pipeline & Backlog Grow To 16 GW
Scatec Reports ‘All-Time High’ EBITDA In Q3/2022, Driven By Higher Power Sales At Higher Prices In Philippines
Norwegian renewable energy developer Scatec has revised its proportionate power production EBITDA guidance for 2022 to a range of NOK 2.75 billion to NOK 2.85 billion after having increased the same to NOK 907 billion in Q3/2022, attributing the impr.
Botswana Signs PPA For 50 MW Solar Power Plant
Scatec Bags 25-Year Contract With Botswana Power Corporation For 50 MW PV Project
State owned utility Botswana Power Corporation (BPC) has entered a 25-year power purchase agreement (PPA) for a 50 MW solar power plant which Norway’s Scatec will construct and own in a former mining town of the African country.
Scatec Reports NOK 68 Million Loss For Q2/2022
Lower Ukraine Revenues Among Reasons For Norway’s Scatec Reporting Loss In Q2/2022
Norway headquartered renewable energy company Scatec has reported NOK 68 million consolidated net loss for Q2/2022, as its revenues and EBITDA too declined owing to factors including lower revenues from Ukraine.
Latin America PV News Snippets
EDP Brasil Completes 6.6 MW Solar For McDonald’s & More From GameChange, Colombia, ETED, Scatec, ANEEL
EDP Brasil’s 6.6 MW solar for McDonald’s; GameChange Solar’s 200 MW order for Colombia; Colombia added 15 MW in Q2/2022; 50 MW Dominican Republic solar project; Alunorte to offtake 60% power from 531 MW Brazilian project; Brazil installed nearly 50 MW solar in June 2022.
Public Consultation For 200 MW Tunisian PV Plant
STEG Seeking Consultation For 200 MW Solar Power Plant In Tataouine
Tunisian electricity distributor Société tunisienne de l’électricité et du gaz (STEG) has sought stakeholder consultation for a solar PV plant of 200 MW capacity that it plans to build in the Governorate of Tataouine.
Corporate Solar PPA For 87 MW In South Africa
Vantage Data Centers To Procure Solar Power From SolarAfrica For Data Center Campus
US headquartered hyperscale data center campus provider data center solutions provider Vantage Data Centers will procure solar power from 87 MW capacity from SolarAfrica for the local grid supplying power to its Johannesburg data center campus.
Green Hydrogen Certification For Oman Project
TUV Rheinland Issues 1st Green Hydrogen & Green Ammonia Certificate For Scatec & ACME Facility
Global safety and quality certification company TUV Rheinland has issued what it terms as the 1st ever Green Hydrogen and Green Ammonia Certificate to a joint venture (JV) between ACME and Scatec for their solar PV powered hydrogen and ammonia plant in Oman.
Scatec Gets New Chief Executive Officer
Raymond Carlsen Steps Down To Make Way For Terje Pilskog As Scatec’s CEO
Norwegian renewable energy company Scatec will now be led by Terje Pilskog as its CEO who replaces its long-term CEO Raymond Carlsen after 13 in his job. Carlsen will remain one of the largest shareholders while exploring other interests.
ACME Ropes In Scatec For Oman Ammonia Project
ACME Group’s Duqm Green Ammonia Project with Solar Plant Finds Partner In Norway’s Scatec
Indian solar power company ACME Group and Norwegian energy producer Scatec have announced a joint venture (JV) partnership to produce 1.2 million tons of green ammonia annually in Oman, with the help of solar power, and can be expanded in the future at the same location.
ZAR 600 Million For South Africa’s H1 Capital
Norfund & CDC To Back 2.4 GW New Wind & Solar Capacity In South Africa
Norwegian Investment Fund for developing countries (Norfund) and UK government’s development finance institution CDC Group will invest ZAR 600 million ($39 million) in South African black-owned and managed renewables company H1 Capital to support its 2.4 GW new solar and wind energy pipeline.
Europe PV News Snippets
Planning Approval For 55 MW Solar In UK For Anesco & More From Scatec, Glennmont, EnBW, Helpe
Anesco gets planning approval for UK projects; Scatec’s Ukraine solar plants go off the grid; Glennmont acquires 161 MW solar from Grupotec; EnBW commissions 300 MW solar in Germany; Helpe has completed construction of 204 MW Kozani solar park in Greece.
Prequalified Bidders For Niger’s 50 MW Project
6 Companies & Consortia Prequalify For Niger’s Scaling Solar Tender
The Scaling Solar tender for 50 MW AC solar PV capacity in Niger has announced prequalifying companies and consortia as Norway’s Scatec, France’s GreenYellow, Voltalia also from France, Morocco’s Nareva Holding, Egypt’s Elsewedy Electric and Infinity Power Holding, also from Egypt.
900 MW India Solar Project Put On Hold
First High-Profile Casualty Of India’s Basic Customs Duty? Scatec & ACME Project On Hold
In what can be termed as the first high profile solar project getting negatively impacted by the Indian government’s impending Basic Customs Duty (BCD), Norway’s Scatec has put on hold a 900 MW project, its maiden solar facility in the country with ACME Solar.
Scatec Announces 2021 Financial Results
Solar Accounts For Lion’s Share Of Scatec’s 14 GW+ Project Pipeline
Norwegian renewables company Scatec reported to have grown its project pipeline by 51% YoY to over 14.77 GW at the end of 2021, of which solar technology takes up the lion’s share with 45% or 6.64 GW, followed by wind at 33% or 4.91 GW, and hydro at 16% or 2.3 GW, among others.
Release By Scatec Enters Into Lease Agreement With ENEO
To Deliver 36 MW Solar & 20 MW/19 MWh Storage Plants In Cameroon
Pre-assembled, modular and re-deployable solar power and storage system provider Release by Scatec announced that it has entered into a lease agreement with electricity company ENEO in Cameroon.
South Africa Concludes REIPPPP Round 5
2.6 GW Renewable Energy Capacity For South African Auction
South Africa has selected 25 preferred bidding projects for its Renewable Energy IPP Procurement Programme (REIPPPP) bid window 5, procuring 975 MW of solar PV and 1.6908 GW of wind energy capacity (total: 2.583 GW), as against 2.6 GW target.
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