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Home » Finance » Scatec ASA Confirms Financial Close for USD 169 Million Battery Storage Project in South Africa
Energy Storage

Scatec ASA Confirms Financial Close for USD 169 Million Battery Storage Project in South Africa

By Willow SnyderOctober 21, 20242 Mins Read
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Norwegian renewable power producer Scatec ASA announced on Friday that it has secured financial close for its ZAR 3 billion (USD 169 million/EUR 156 million) battery energy storage system (BESS) project located near Kathu in South Africa's Northern Cape province. The company is poised to commence construction of the facility, which has a capacity of

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Africa Energy Storage Finance Management Power Purchase Agreement Scatec ASA South Africa Wind
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Previous ArticleSingapore to Co-Fund Carbon Capture Studies for Net Zero Target
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