Norwegian oil group Equinor – formerly Statoil – has agreed to take a 9.7% interest in its solar developer compatriot Scatec Solar ASA, for $82.4 million. The transaction, made through the ...

Norwegian solar developer Scatec Solar ASA has confirmed it secured the lion’s share of the PV generation capacity available in the 500 MW tender held by the Tunisian government in the summer.

Solar panel prices have dropped by 66% over the last two years, and by 58% for battery systems over the last year, a dramatic shift making renewable projects much cheaper, Scatec CEO Terje Pilskog ...

The CfD will secure pricing for almost 70% of the projected output from Scatec's 190MW solar portfolio in Romania, with the remaining electricity to be sold on the Romanian wholesale market.

The estimated total capital expenditure (capex) for the solar plant is EUR 140 million, to be financed by non-recourse financing and equity from Scatec and partners, with a targeted leverage of ...

Approximately 1.5 GW of solar PV and onshore wind was awarded in this first round in Romania, while the remainder of a total auction plan of 5 GW is expected to be awarded in 2025. With this award, ...