EnergyWatch

Scatec Solar to pursue offshore wind

The Norwegian PV developer has doubled its power generation compared to 2020, a development the firm plans to see continue through large offshore wind projects.

Scatec Solar's facility Uppington in South Africa. | Photo: PR / Scatec Solar

Double production, double earnings. That seems to be the mantra of Norwegian company Scatec Solar, which by the end of the second quarter 2021 generated 860GWh compared to 406GWh in the corresponding period of 2020.

For the first half of 2021, the photovoltaic energy developer reports a higher EBITDA figure, NOK 1.24bn against NOK 763m in H1 2020. Though these figures only apply within what Scatec calls 'proportionate financials'.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

HitecVision closes first green transition fund

Nordic pension funds are among the investors in the first private equity fund targeting the green transition launched by Norway's largest private equity firm, which has been focusing on the offshore energy industry for more than 30 years.

Further reading

Related articles

Latest News

See all jobs