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Norway’s Equinor acquires 9.7% stake in Scatec Solar for USD 82.4M

Norwegian energy firm Equinor ASA announced that it has acquired 11,020,000 shares in Oslo-based solar project developer Scatec Solar ASA, corresponding to 9.7 per cent of the shares and votes, at a total purchase price of approximately NOK 700 million (USD 82.4 million).

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IFC and Scatec Solar to develop $55M solar power project in Mali

IFC, a member of the World Bank Group, announced on July 9, that IFC InfraVentures, the global infrastructure project development fund, and Scatec Solar, a Norwegian company specializing in photovoltaic solar systems, have signed documents to develop the $55 million Scatec Segou solar power project in Mali with a local developer, Africa Power 1 SA.

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REC completes one of the largest commercial rooftop solar installations in Singapore

REC, a leading global provider of solar energy solutions with headquarters in Norway, has completed one of the largest rooftop solar installations for an integrated mixed-use development in Singapore at Bugis Junction shopping mall, covering a roof area of about 1,000 square metres.

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