Scatec Secures Financing for Major Solar and Wind Projects

Jun 15, 2025

Norwegian company Scatec has finalized a financing agreement for its ambitious 1-gigawatt solar power project, which includes a 200-megawatt-hour battery storage system. The total investment for this project amounts to $600 million. Additionally, a power purchase agreement has been signed for a 900-megawatt wind energy project in Shadwan.

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