Independent solar power producer
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of more than 1,000 MW. The company is producing electricity from 584 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras, Brazil and Jordan and has another 1,041 MW under construction.
With an established global presence, the company is growing strongly with a project backlog and pipeline of around 4.1 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol 'SSO'.
Integrated business model
Scatec Solar believes its integrated business model enables realization of premium margins over the lifetime of solar power plants, and hence superior value creation for its shareholders. This model has provided access to attractive projects, an efficient workflow through the entire business process and retained ownership of the power plants secures long-term cash flows.
Scatec Solar operates globally, seeking to match the company’s strengths with markets meeting the requirements in terms of solar irradiation, financial and legal framework, and operational and political risks. Headquartered in Oslo, Norway, the Group has its main operating subsidiaries in South Africa, the Czech Republic, Jordan and Honduras.
Strong focus on partnerships
We work with local and international partners to develop, finance and construct large solar power plants around the world. This enables us to identify and realize projects in a wide range of regions while still maintaining a lean organisation. The company has about 150 highly skilled employees, a number of valuable partners, and a broad industrial network.