Scatec ASA

Norwayscatec.com

Owner EPC Operator Developer

projects tracked
4
active
3
countries
2
plants
3

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.

Read more

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.

Projects Scatec ASA is involved in

chemXplore tracks 4 projects involving Scatec ASA, of which 3 are active.

  1. 1 project Announced / Concept
  2. none FEED / Pre-FID
  3. none FID / Sanctioned
  4. 2 projects Under Construction
  5. none Commissioning & Start-up

Besides these 3, the record holds 1 completed project.

Active projects

Closest to start-up first.

The 1 that is completed, on hold or cancelled are in the record. See all 4 in chemXplore →

Expected start-up, by year
0 1 2 2026 2027 2028 2029 2030 2031

The dates themselves, per project, are for subscribers.

What moved recently

  • 28 October 2026 Scatec Dandara Phase 1 569 MWp Solar PV and 100 MWh BESS, Qena, Egypt · Under Construction · Egypt
  • 12 August 2026 Scatec Obelisk 1.1 GW Solar PV and BESS, Nagaa Hammadi, Egypt · Operational / Completed · Egypt
  • 17 June 2026 Scatec–Aeolus Sidi Bouzid II 100 MW Solar PV Plant, Mezzouna · Under Construction · Tunisia

Scatec ASA in chemical industry news

29 October 2026
EIB finances up to $90m for Scatec-led Dandara 569 MWp solar and 100 MWh BESS in Egypt

Phase 1 will deliver 569 MWp PV plus 100 MWh battery, supply EgyptAlum under a long‑term PPA, target ~1,500 GWh first‑year output and commercial operations in April 2028.

26 October 2026
European Commission launches T‑MED Investment Platform with up to €4.5bn EFSD+ guarantees

Platform will match Mediterranean renewable and clean‑tech projects with financiers, tackle permitting and grid barriers, and aims to mobilise €25bn and upskill 10,000 workers by 2035.

14 April 2026
Equinor sells 8.07% stake in Scatec, retains 8.05%

Sold at NOK125/share for ~NOK1.6bn; remaining holding subject to 90‑day lock‑up. Average in‑price ~NOK80/share; Brazilian solar partnerships unaffected.

Where its projects are

active all projects

  • Egypt 2 active projects, 3 in all
  • Tunisia 1 active project, 1 in all

Partners on its projects

The 6 sharing the most projects, of 14.