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Norway firm scoops Phikwe solar deal

Friday, September 02, 2022 | 730 Views |

New deal: Scatec. BERA and BPC officials at Wednesday’s signing ceremony

Norway’s Scatec ASA has scooped a deal to develop a 50MW photovoltaic solar power station in Selebi-Phikwe, the biggest renewable project government has awarded in history, Mmegi has learnt.

Part of the Power Purchase Agreement signed between the Oslo-based group and the Botswana Power Corporation on Wednesday requires that 40% of shares in the company established for the project be awarded to citizens.

Scatec is one of the world’s biggest solar and renewable energy developers, with large scale projects that include a R16 billion plant in South Africa due to have a capacity of 540MW. In Africa, the group also has projects in Lesotho, Egypt, Uganda, Mozambique, Rwanda and Tunisia.

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Norway firm scoops Phikwe solar deal

Norway’s Scatec ASA has scooped a deal to develop a 50MW photovoltaic solar power station in Selebi-Phikwe, the biggest renewable project government has awarded in history, Mmegi has learnt.