Oslo, 6 April 2020: Scatec Solar and partners have grid connected and started
commercial operation of the third 86 MW solar plant in Upington, South Africa,
completing the 258 MW solar power complex. The 86 MW facility, known as Dyason's
Klip 2, is expected to produce 217 GWh annually.
"We are proud to have achieved this major milestone. Power supply is considered
critical infrastructure, and we are pleased to be supporting South African power
supply with renewable energy to another 40,000 households annually, says Raymond
Carlsen, CEO of Scatec Solar.
The Upington solar power complex is estimated to deliver an annual production of
650 GWh, providing clean energy to around 120,000 households and lead to the
abatement of more than 600,000 tonnes of CO(²) emissions annually.
The three projects in Upington were 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.
For further information, please contact:
Mikkel Tørud, CFO, tel: +47 976 99 144, ir@scatecsolar.com
(https://www.globenewswire.com/Tracker?data=mKgW_gIIBJQPub-
5YfO2sRyxL3qyHUoFKGRvZS5JD5phybkpouU6YL6BESHbjHABAa4w7CS4SRn3jSpmpi_yuHP5UaeN5uw
HXC4ReU3DspTy5JNEBnsukW55pymAmdVwV6FMs6NyH2rWfAL08ZzpD10nCKWNWArOfJkHrp5O8ySBQfd
zGRIKKdCkeeM0iGaNmXUY8agbqi6Z6gITposSDX1S13YVEGgKPEgmxc_XwDau-8bH0FZG-
yWTKv8fNtiJ5eCoxH5T5r5RgIzZ1qHEeJMTbs-
h2cX6bhXHhaiqKPoV3fxZ4tYCgR8571MLDwqE1vuetUXKgM5XPoI-
f9IB_d7WljMnWIYs7hEdrRAk1lxKYJNTENrytDT0rZnktF6gJPn51MEoiRZRAzuHLu81vlc8aVIuEHqr
sjbFIhrpWGEl39F5cSJJl1tmeVT_AxT8X9BIksagnl_W9uEFsREW0LCGPhK0WnR7j5AJFpN58nqd04Zn
0Xi6s0go1T5L6BX_f8enFLjFhtpS8fPrxvNx19mobEWgWWGiD8qvNDmBxMRo4vJf8vw7MaPLAdw9IFic
TI1OzB-E0nGO30_Ws96yKzY9B5abbLFAIVk8bNhn-yX23-
DkTLXrRSr7B0m9fmeSrQYtJDdcraV41Ytv59H5PU2PTKvgmDDXHQBm_bAQvsEHfLGTk0sr8bUU8r-
lWM-US42A3zhWR5x0h3Z1vsWBRQ7un8p2kcqD6nBnLTy30CgN9RffTrlVAcol08Pj-
GXuTqUwgqfB7BDpMQDUE0Y5pg==)
Ingrid Aarsnes, Communication & IR, tel: +47 950 38 364,
ingrid.aarsnes@scatecsolar.com (mailto:ingrid.aarsnes@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 1.4 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