Scatec Solar is an integrated independent solar power producer, aiming to make solar power a sustainable and affordable source of energy worldwide.
Founded in 2001, Scatec Solar has obtained extensive experience and in-house competence in all areas of the value chain of utility-scale solar power plants, including:
- Project origination and development
- Project financing
- Design and engineering
- Procurement and construction management
- Operation and maintenance
- Asset management
For reporting purposes, the company operates the three business segments Development & Construction, Operation & Maintenance, and Power Production, in addition to Corporate and eliminations.
Scatec Solar is well positioned in a rapidly growing solar market, and has an excellent track record across multiple geographies:
- Project track record of nearly 1,000 MW
- Manages 1,100 MW of solar power plants in operation or under construction
The integrated value chain allows the company to develop, build and retain ownership of premium assets generating attractive cash flow. The company has secured solar power sales contracts or more than NOK 15 billion until 2034, and has an extensive project backlog and pipeline.
Scatec Solar has an attractive asset base supporting continued growth, seeking project opportunities in both emerging solar power markets and selected established markets. The company’s pipeline and backlog amounts to about 4 GW.
Scatec Solar is a pure play solar player, independent of suppliers, and with no conflicting interests.