News from Norway
Scatec Joint Venture Launches First Project in South Africa: Lyra Energy Secures PPA for 255 MW Solar Project – Scatec Shares Up
17 Feb 2026 09:54 | Oslo (Norway) / Cape Town (South Africa) – The South African joint venture platform Lyra Energy, which acts as a trading and aggregation platform for renewable energy, has signed power purchase agreements (PPAs) with three commercial and industrial customers for the majority of a 255 MW solar power plant. read more...
Scatec Shares Rise: Scatec and Aboitiz Renewables Launch 80 MW Battery Storage at Hydropower Plants in the Philippines
04 Feb 2026 14:38 | Oslo (Norway) - The joint venture SN Aboitiz Power (SNAP), a partnership between Norway’s Scatec ASA and the Philippines’ Aboitiz Renewables, Inc., has reached financial close for two battery energy storage system (BESS) projects of 40 MW each and is preparing to begin construction of the Binga (Phase 2) and Ambuklao facilities in Benguet Province. read more...
Scatec Successful in Tender: Scatec Secures 25-Year PPA for 120 MW Solar Project in Tunisia – Shares Slightly Down
27 Jan 2026 11:38 | Oslo (Norway) / Tunis (Tunisia) – Norwegian renewable energy service provider Scatec ASA has been awarded a 25-year power purchase agreement (PPA) with the Tunisian state utility STEG for a 120 MW solar power plant in Tataouine. The PPA was awarded in a government tender and is intended to support Tunisia’s expansion of renewable energy as well as the country’s energy security. read more...
Botswana Accelerates Energy Transition: Scatec Commissioning Second Phase of Mmadinare Solar Park - Stock at €8.50
15 Dec 2025 12:23 | Oslo (Norway) - The Norwegian renewable energy project developer Scatec ASA has started commercial operations of the second 60 MW phase of the 120 MW Mmadinare solar cluster in Botswana. read more...
Nel ASA Benefits from Major Order: Nel ASA Shares Decline After Strong Rally – Insider Purchase Draws Attention
11 Nov 2025 09:15 | Oslo (Norway) - The shares of Norwegian hydrogen company Nel ASA fell sharply last Friday. By early afternoon, the stock was trading around €0.20, down more than 6 percent. This means the share gave back part of its recent gains after having risen within just a few days from just above €0.18 to over €0.22. read more...
Financing Strategy Pays Off: Scatec Increases Revenue And Continues to Reduce Debt in Q3 2025 - New Green Bond Issued
06 Nov 2025 08:52 | Oslo (Norway) - Norwegian solar and storage developer Scatec ASA has published its financial results for the third quarter of 2025. While revenue increased, Scatec recorded a decline in EBITDA. read more...
Third Deal for Nel ASA with H2 Energy: Nel ASA Secures Follow-Up Order for Swiss Hydrogen Network
07 Oct 2025 17:25 | Oslo (Norway) – Norwegian electrolyzer manufacturer Nel ASA is delivering another MC500 system for a hydrogen project in Switzerland. The technology is intended to power municipal waste collection vehicles and further strengthen the country’s green hydrogen ecosystem. read more...
Weak Quarterly Figures: Nel ASA Reports Revenue Decline and Higher Loss in Q2 2025 – Order Intake Plummets
18 Jul 2025 08:50 | Oslo, Norway – Norwegian electrolyzer specialist Nel ASA recorded a significant drop in revenue in the second quarter of 2025. Revenue from customer contracts fell to NOK 174 million (approx. EUR 14.6 million), representing a 48% decline compared to the same quarter last year (Q2 2024: NOK 332 million / approx. EUR 27.8 million). read more...
Offshore Wind as a Bargaining Chip? Trump Administration Lifts Construction Halt on Equinor Offshore Wind Farm – Gas Deal in the Background
22 May 2025 08:57 | Münster, Germany – After a roughly five-week halt due to a construction freeze ordered by the U.S. Department of the Interior, Norwegian energy company Equinor can now resume construction of the Empire Wind offshore wind farm in the U.S. state of New York. It remains unclear whether concessions on a major gas project played a decisive role in the U.S. government's change of heart. read more...
Nel ASA Stock Falls: Statkraft Halts Hydrogen Project with Nel ASA and Cancels 40 MW Contract
02 May 2025 09:54 | Oslo, Norway – The hydrogen company Nel ASA has announced that energy giant Statkraft has cancelled a contract for a 40 MW alkaline electrolyzer. Nel ASA’s stock has experienced a significant drop. read more...
