Second quarter results 2023

In the second quarter 2023, Scatec’s proportionate revenues jumped to NOK 5.87 billion (932), with an all-time high EBITDA of NOK 1.38 billion (517) compared to the second quarter last year. Power production EBITDA was NOK 959 million (617) and the company reported development and construction revenues of NOK 4.59 billion, with a gross margin of 12 percent.

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Arendalsuka 2023

Norway’s biggest political gathering

Our CEO Terje Pilskog will be discussing the energy crisis in Ukraine, renewable energy in Africa, with a particular focus on South Africa, Norway’s role in driving the green shift in emerging economies, and how to speed up the development of a market for green hydrogen.

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Moving from pledges to implementation – Scatec at UN Climate Change summit

At COP27, Scatec will be discussing the overall climate crisis, the key role renewable energy including green hydrogen needs to play, especially in emerging markets. If the world is to succeed with the green transition globally, we’re going to need a massive scale up of renewable energy solutions across technologies.




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GWh Produced in 2022 (100%)


Tonnes of CO2 emissions avoided in 2022 (100%)