scatec

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Scatec’s Revenue Rises 26% in Q2 on Forex Gains and Lower Interest Costs

Norway-based renewable energy solutions provider Scatec posted a revenue of NOK1.31 billion (~$124.76 million) in the second quarter (Q2) of the financial year (FY) 2025,...

August 20, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Project Finance Brief: Scatec Secures $27 Million Financing for 142 MW Solar Project

From: Mercom Capital Group Scatec, a renewable energy solutions provider, secured BRL 150 million (~$27 million) non-recourse project financing for the development of a...

August 13, 2025

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Staff

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Solar
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Project Finance Brief: Scatec Secures $479 Million for Solar and Storage Project in Egypt

From: Mercom Capital Group Scatec, a renewable energy solutions provider, has secured $479.1 million of non-recourse project financing to develop the Obelisk hybrid...

June 18, 2025

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Staff

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Finance and M&A

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Solar
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Scatec Swings to Net Loss in Q4 Due to Increased Expenses

Norway-based renewable energy solutions provider Scatec reported a net loss of NOK101 million (~$8.88 million) in the fourth quarter (Q4) of 2024 from a net profit of...

February 6, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Rajasthan Invites Bids for 500 MW/1,000 MWh BESS

Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL) has invited bids to set up 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) with a greenshoe option of 500...

November 8, 2024

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Mercom Staff

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Daily Wrap-up
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Rising Construction Margin Drives 1,632% YoY Rise in Net Profit for Scatec

Norway-based renewable energy solutions provider Scatec reported a 1,632% year-over-year (YoY) rise in net profit to NOK1.65 billion (~$150.18 million) in the third...

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Scatec’s Q2 2024 Revenue Surges 38% Amid Global Expansion Efforts

Norway-based independent power producer Scatec reported revenues of NOK1.5 billion (~$141 million), an increase of 38% year-over-year (YoY), in the second quarter (Q2)...

August 21, 2024

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Gautamee Hazarika

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Finance and M&A

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Other
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Project Finance Brief: ORLEN Group to Acquire 280 MW Solar Project Portfolio in Poland

From: Mercom Capital Group ORLEN Wind 3, a subsidiary of the ORLEN Group, entered into a preliminary agreement with EDP Renewables Polska, a renewable energy project...

August 7, 2024

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Staff

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Finance and M&A

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Solar
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Scatec’s Q1 Net Loss Narrows by 73%, Contribution from New Projects Increase

Norway-based independent power producer Scatec reported a net loss of NOK 26 million (~$2.3 million) during the first quarter (Q1) of 2024, marking an improvement of 73%...

May 2, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: SJVN Tenders 1.5 GW Wind-Solar Hybrid Projects

SJVN Green Energy, a subsidiary of SJVN, has invited bids to select developers to set up 1,500 MW of Interstate Transmission System (ISTS)-connected wind and solar...

February 5, 2024

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Mercom Staff

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Daily Wrap-up
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Scatec Swings to Q4 Profit on Solar Asset Sales and Divestments

Norway-based independent power producer Scatec reported a net profit of NOK724 million (~$70 million) in the fourth quarter (Q4) of 2023, improving from a loss of NOK433...

February 2, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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Scatec’s Net Profit Falls 72% YoY in Q3 as Operating Expenses Surge

Norway-based independent power producer Scatec reported a net profit of NOK95 million (~$8.5 million) in the third quarter (Q3) of 2023, a decrease of 72% year-over-year...

November 7, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: MNRE Sets Emission Thresholds for Green Hydrogen Production

The Ministry of New and Renewable Energy has issued a standard outlining the emission thresholds that must be met for the hydrogen produced in the country to be...

August 22, 2023

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Mercom Staff

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Daily Wrap-up
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Scatec Posts a Profit of $38 Million in Q2 on Increased Project Development

Norway-based independent power producer Scatec reported a net profit of NOK402 million (~$38.07 million) in the second quarter (Q2) of 2023, a significant improvement...

August 21, 2023

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Satish Shetty

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Other

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Renewable Energy
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Project Finance Brief: MaxSolar Secures $460 Million for 2 GW Solar Projects

From: Mercom Capital Group Maxsolar, a German-based solar and storage project developer, secured €410 million (~$460 million) financing facility to install 2 GW of solar...

July 19, 2023

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Staff

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Finance and M&A

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Solar

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