Scatec Solar celebrates 1 GW milestone

With another 65 MW of the Benban solar plant in Egypt starting commercial operation, Scatec Solar’s asset portfolio has exceeded 1 GW in operation. In addition, the company has another 888 MW under construction on four continents.

“We are proud to achieve the first GW in operation milestone, once again confirming the strong dedication by our team and partners to deliver solar power projects predictably. Our project backlog and pipeline exceed 5 GW, reflecting that we are strengthening our market position and expanding partnerships in key regions”, says Raymond Carlsen, CEO of Scatec Solar.

The 1 GW in operation will contribute to avoid about 1,460,000 tons of CO2 emissions annually and provide energy for more than 970,000 households.

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.9 GW in operation and under construction on four continents.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SSO’. To learn more, visit www.scatec.com.