Norway’s Scatec Solar announces $1.1bn acquisition of hydropower firm

The combined company will boast power plants in 14 countries with an estimated annual production of 4.1TWh

Equinor ups its stake in Scatec Solar to 15.2%

The Norwegian energy firm recently invested £64mto buy an additional 6.5m shares in the solar firm

Solar power project in Ukraine secures €34.7m financial backing

The 55.4MW project is expected to reduce carbon emissions by more than 36,000 tonnes a year

New 162MW solar energy plant powers up in Brazil

It is expected to produce enough electricity for around 170,000 households every year

Oil giant Statoil takes first step into solar sector

Norwegian oil giant Statoil is taking its first step into the solar industry with a Brazilian joint venture. It has signed an agreement to buy a 40% share in the 162MW Apodi solar project from Norway’s Scatec Solar. Located in the municipality of Quixeré, it will generate enough electricity to power around 160,000 homes. Statoil […]