Oslo, 18 February 2020: Scatec Solar and partners have grid connected and
reached commercial operation for 86 MW of the 258 MW solar power complex in
Upington, South Africa. The 86 MW facility, known as Sirius, is expected to
produce 217 GWh and will lead to the abatement of more than 180,000 tonnes of
CO(2) emissions annually.
"We are pleased to reach another milestone with the grid connection of our
fourth solar power plant in South Africa, with a combined capacity of 276 MW.
South Africa continues to be a very important market for Scatec Solar, and we
are developing several interesting project opportunities both within the utility
scale segment as well as our container based solar solution - Release", says
Raymond Carlsen, CEO of Scatec Solar.
The three projects in Upington was awarded in April 2015 in the fourth bidding
round under the Renewable Energy Independent Power Producer Programme (REIPP) in
South Africa. Scatec Solar owns 42%, Norfund holds 18%, the surrounding
Community of Upington 5% and H1 Holdings, a South African Black investor holds
the remaining 35% of the equity. The two remaining solar plants totalling 172
MW are expected to reach commercial operation within the next few months.
For further information, please contact:
Ingrid Aarsnes, VP Communication & IR, tel: +47 950 38 364
email: ir@scatecsolar.com (mailto:ir@scatecsolar.com)
About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering
affordable, rapidly deployable and sustainable clean energy worldwide. A long-
term player, Scatec Solar develops, builds, owns, operates and maintains solar
power plants and has an installation track record of more than 1.3 GW. The
company has a total of 1.9 GW in operation and under construction on four
continents.
With an established global presence and a significant project pipeline, the
company is targeting a capacity of 4.5 GW in operation and under construction by
end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the
Oslo Stock Exchange under the ticker symbol 'SSO'. To learn more, visit
www.scatecsolar.com (http://www.scatecsolar.com).
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act