Newsletter subscribe
Tag: Scatec Solar
Scatec

Scatec Solar starts commercial operation for third 65 MW power plant in Egypt

Posted: June 16, 2019 at 1:11 pm   /   Renewables

Scatec Solar and partners have grid connected and reached commercial operation for another 65 MW of the 400 MW Benban project in Egypt. Scatec Solar now has 195 MW in operation in Egypt and expects to have completed the project during second half of 2019. The Benban solar power plant is Scatec Solar’s largest project […]

No Comments read more
Scatec

Scatec Solar connects first part of 400 MW solar plant in Egypt to grid

Posted: April 12, 2019 at 9:32 am   /   Renewables

First part of Scatec Solar’s 400 MW solar power plant in Egypt in commercial operation. Scatec Solar and partners have grid connected and reached commercial operation for 65 MW of their 400 MW Benban project in Egypt. The Benban solar power plant is Scatec Solar’s largest project under construction, and the Company is the largest […]

No Comments read more

Egypt to boost use of renewable energy to 22% by 2020

Posted: April 20, 2017 at 2:27 pm   /   Renewables

Egypt aims to increase its use of renewable energy to 22 percent by 2020, the country’s Investment and International Cooperation Minister Sahar Nasr told Regional Director of Norway’s Scatec Solar Morten Langsholdt during a Cairo meeting on Sunday. According to an official press release by the ministry, Nasr told Langsholdt that Egypt is keen on […]

No Comments read more

Scatec Solar and partners sign Power Purchase Agreements for 400 MW in Egypt

Posted: April 20, 2017 at 2:13 pm   /   Renewables

Scatec Solar and partners have signed 25-year Power Purchase Agreements for delivery of electricity from six solar plants totaling 400 MW (DC) with the Government of Egypt. The signing ceremony took place in Cairo on April 13 in the presence of Egyptian Minister of Electricity and Renewable Energy Dr. Mohamed Shaker El-Markabi and the Ambassador […]

No Comments read more

UN body to certify Scatec Solar projects in Africa including Benban

Posted: February 21, 2017 at 12:37 pm   /   Renewables

The United Nations Framework Convention on Climate Change (UNFCCC) will certify and credit carbon emissions avoided from solar electricity generated by three Scatec Solar power plants in Africa, with Egypt’s Benban project undergoing validation. The certification establishes that the carbon emissions avoided from the solar facilities are real, verifiable and permanent. The successful registration of […]

No Comments read more
EBRD Egypt Solar

Scatec Solar hoping for compromise deal to keep Egypt solar scheme

Posted: August 17, 2016 at 4:13 pm   /   Renewables

A group of developers, including Scatec Solar, are renegotiating the terms of their power purchase agreements (PPA) with the Egyptian government in an effort to keep them on the existing timetable. Enel Green Power had previously confirmed that it had put its operations in the country on hold. A second consortium that won capacity in […]

No Comments read more

Scatec Solar to invest $650 million in 5 solar energy projects in Egypt

Posted: May 10, 2016 at 12:29 pm   /   Renewables

Negotiations with seven international banks to finance 70% of the project, most notably IFC and EBRD. Scatec Solar company seeks to pump $650m in renewable energy investments to establish five solar energy projects with a capacity of 250 MW, according to the company’s CEO Raymond Carlsen. Carlsen sat down for an interview with Daily News […]

No Comments read more