Norway firm scoops Phikwe solar deal

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.