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Scatec Solar
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Developer of commercial scale PV solar parks

Founded in 2007
Founded in

Company type Public Public ()
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Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Norway Oslo, Norway
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Updated by at on 01/14/2025

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Date Company
09/02/2022

Botswana Power Corporation Botswana Power Corporation

25 Year Power Purchase Acquisition agreement announced with Botswana Power Corporation for solar PV center with 50MW capacity .

Confirmed by Botswana Power Corporation
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Date Partner Type
09/13/2024
Egyptian Electricity Holding Company Egyptian Electricity Holding Company
the 25 year PPA will be used for the country’s first hybrid solar power and battery storage project
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Confirmed by Egyptian Electricity Holding Company
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IPO INFORMATION

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Date Investors Type Amount
07/19/2023 Climate Fund Managers Climate Fund Managers (1)
Post-money valuation of
CFM will obtain 32% stake in Release subsidiary by Scatec
 Buyout / Late-Stage Private Equity $102,000,000
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