Scatec ASA is a Norwegian renewable energy company that develops, builds, owns, and operates utility-scale power plants. The company focuses on solar photovoltaics, onshore wind, hydropower, and battery energy storage, providing electricity through long-term power purchase agreements with utilities, governments, and industrial customers. Scatec operates as an independent power producer with projects across Africa, the Middle East, Asia, and Latin America. It is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange (ticker: SCATC). Formerly known as Scatec Solar, the company adopted its current name after broadening its technology portfolio.
For the chemical industry, Scatec’s renewable generation can support decarbonization goals by supplying low-carbon electricity for energy-intensive operations and enabling electrification of processes. Its projects and PPAs can help chemical producers reduce Scope 2 emissions and improve energy reliability in emerging markets.
