Scatec ASA

🎥 Scatec featured in SDG Leaders Interview Series 🎥 "The energy transition represents an attractive investment opportunity, not a cost. Accelerating the growth of renewable energy not only addresses the energy trilemma, but it also contributes to economic growth and reduces the consumption of fossil fuels. This transition will create jobs, foster innovation, and ensure a more sustainable world for future generations," says Scatec CEO Terje Pilskog. Our CEO was actively engaged in New York City 🗽during Climate Week, attending the United Nations Private Sector Forum, participating in roundtable discussions, and meeting with investors to discuss our strategic progress and the value-driven growth opportunities in our markets. He also spoke at the Global Africa Business Initiative (GABI) and the Unstoppable Africa conference, held meetings with key financing partners, and was interviewed for Acumen's SDG Leaders series, featured on CNBC’s website. Meera Bhatia Raquel Araujo, Msc Aidan Wildschut Snefrid Borgsø Enja Sæthren

At Scatec, our approach to gender diversity is deeply ingrained in our company strategy.🤝 We believe in leading by example and recently, at Windaba’s Gala Dinner, Reabetswe R. Motshegare (M.B.A) and the South African People Team were awarded the Gender Diversity Transformation Enablement Award - an acknowledgement of our #Changemakers and strategy across Sub-Saharan Africa. By walking the walk, we're creating a more inclusive and innovative work environment that benefits everyone. Watch and hear from Reabetswe R. Motshegare (M.B.A), Candice (., Andrea Inskip (Lawrenson), Jan-Louis Janse van Vuuren! 👇 #Improvingourfuture #Changemakers #Workingtogether South African Wind Energy Association (SAWEA) Erica van der Vindt Phathisa Volwana Earl Van Rooyen

Our head of government affairs, Enja Sæthren, recently returned from Ukraine as part of Minister Cecilie T. Myrseth's business delegation, exploring how Norwegian businesses can support Ukraine now and in the future. 🇺🇦🤝🇳🇴 The delegation had productive meetings with Ukraine’s Energy Minister and other key stakeholders, discussing how to enable stronger business engagement in the country moving forward.   “The trip left a lasting impact. The gravity of the ongoing war was ever-preset with most meetings held in bomb shelters due to the Russian assaults - a stark reminder of the daily challenges Ukrainians face. Despite two years of relentless conflict, the resilience of the Ukrainian people and their focus on rebuilding is truly inspiring. Special recognition goes to Alina Sviderska, Scatec’s Country Manager, and her team on the ground, ensuring our 336 MW solar plants continue delivering much needed power throughout the war,” says Enja. Ukraine’s energy crisis is severe, with 50% of generation capacity damaged. As another harsh winter approaches, the Ukrainian people are bracing for intensified attacks and widespread power cuts. There’s an urgent need for a decentralized energy system that is less vulnerable to as well as battery storage to mitigate the loss of baseload power and support the future growth of renewables.☀️ Norwegian businesses have the expertise to play a role in rebuilding Ukraine’s energy sector when the war is over, but strong public-private partnerships and risk reduction measures, like offtake guarantees, are essential to drive investment and make this possible. Together, we can help Ukraine build a more resilient and sustainable future. #Improvingourfuture #Changemakers #Workingtogether

🌍 Global Mental Health Day: Let's Prioritize Our Well-being at Work🧠   On this Global Mental Health Day, let's take a moment to focus on the importance of mental well-being, especially in the workplace. At Scatec, we launched our tools2thrive mental health campaign, shedding light on practical tools that contribute to a more empathetic working place. Throughout the month we will be working on the following tools and resources to support our employees:   Exercise 🏃: Moving your body is not just good for physical health but also a powerful mood booster. We’re organising guided meditation and yoga classes, creating spaces where employees can rejuvenate and center themselves during the workday.   Talk About It 🗣️: Creating an open dialogue about mental health is crucial. Let's support each other by listening and sharing. Introducing the “Jar of Emotions” in our offices! Every employee is encouraged to place an emoji in the emotions’ jar expressing how they feel, creating opportunities for open discussions with colleagues about emotional well-being.   Seek Professional Help 👩⚕️: It's okay to seek guidance from mental health professionals when needed. Through local health insurances, we are offering psychological support services on selected locations. We encourage employees to make use of these resources.   Self-Care 🛀: Prioritise activities that recharge you, from hobbies to mindfulness. We’re launching self-care initiatives, including massage sessions and country-specific giveaways tailored to local needs, to raise awareness towards relevance of self-care.   We are inspired by the World Federation of Mental Health and their 2024 campaign, which focuses on mental health in the workplace. Let's work together to create a supportive, compassionate environment.   Learn more about their campaign here:  https://lnkd.in/gFvvfZe8 or wmhdofficial.com   #MentalHealthAtWork #GlobalMentalHealthDay #SelfCare #MentalHealthMatters

Scatec awarded EUR 30 million grant from PtX Development Fund for the Egypt Green Hydrogen project Our Egypt Green Hydrogen project has today signed an agreement with the PtX Development Fund for a grant of EUR 30 million for partial financing of the project which will have a total capex of approximately EUR 500 million. The PtX Development Fund is established by the German Federal Ministry for Economic Cooperation and Development and KfW, and managed by KGAL, with the aim to support Power-to-X projects in developing and emerging countries. This is the first grant approved by the fund. “We are pleased that our Egypt Green Hydrogen project has been recognised with this EUR 30 million grant from the German government and KfW Group through the PtX Development Fund. This achievement is a testament to the maturity of the project and reaffirms the broad support we have for this project," says Scatec CEO Terje Pilskog. Click here for the press release: https://lnkd.in/dqi9D68F Mohamed Amer #renewableenergy #greenhydrogen Pål Strøm Matthias Korf Federal Ministry for Economic Cooperation and Development (BMZ) KGAL GmbH & Co. KG (KGAL) PtX Development Marwan Assar Mohamed Taha Bahaa Sami Stina Spanne Mahmoud Shata, CFA #HamburgSustainabilityConference 🇩🇪 🇪🇬 🇳🇴

The Norwegian-African Business Association (NABA) Business Summit is a meeting place for actors with a strong desire to build new relationships and grasp market opportunities on the African continent.🌍🇳🇴 Our CEO, Terje Pilskog, this week participated in a plenary session "The Nordic-Africa relationship in a New World Order", exploring how the changing realities of partnership with Africa are shaping Nordic policies towards the region.🤝 With an emphasis on trade and investment, the discussion critically examined the challenges and opportunities for engagement with the continent, as well as closer coordination between the Nordic countries to drive mutually beneficial and sustainable economic development.📈 Enja Sæthren Norfund Norwegian Ministry of Foreign Affairs Thought Leader Global Media

Scatec has been in partnership with Stellenbosch University for a number of years, funding a photovoltaic (PV) research chair at the institution, and analyzing new technologies at our test site in the area.☀️🇿🇦 Over and above the funding of Masters and PhD research and development, we have recently provided solar panels to the University’s electric mobility team.⚡ The group is taking on the daring challenge of riding an electric motorcycle, the Roam Air - developed and manufactured in Africa, for Africa - from Nairobi to Stellenbosch - and solar charging the batteries for all 6000 km - revolutionising the perspective of what is possible in Africa. This amazing journey is testament to what a long-term renewable energy future could look like in Africa! We are proud to support and highlight what true #Changemakers can do. Arnold Rix MJ (Thinus) Booysen Stephan Lacock Hanno Erwee Sean McGibbon Aidan Wildschut #Changemakers #ecrossafrica #renewableenergy #SouthAfrica Photography credit: Lewis Seymour 📷

Today, we have closed the first phase of the previously announced sale of parts of its ownership in the Kalkbult, Linde and Dreunberg solar power plants to STANLIB. 🇿🇦☀️ The second phase of the transaction is expected to close in the first half of 2025 when Scatec’s economic interest will be further reduced to approximately 13 percent in Kalkbult and 12 percent in Linde and Dreunberg. Closing of the second phase is subject to customary consents including lender, shareholder, and regulatory authority approvals. Well done to the South Africa team! Cheryl Geldenhuys Mohamed K. Artur Correia Kevin De Jong Janey Daniels Elnalene Cornelius Nafees Majiet CA(SA) #Improvingourfuture #Predictable

☀️🔋 Boosting Energy Efficiency with Data-Driven Solutions! 🔋☀️   Increasing energy output from our PV plants takes more than just sunshine - it requires cutting-edge, efficient, data-driven tools! 🌱📊   Through an incredible collaborative effort as part of the Peanuts Innovation Project - funded by the Research Council of Norway—partners Institute for Energy Technology (IFE), Equinor, TGS and Scatec have developed new digital solutions to enhance plant monitoring and operations. 🚀   These tools are giving us deeper insights into our PV plants and helping us run them even more efficiently! 🌍💡 Check out our video to learn more! 🎥   #Innovation #SolarEnergy #Sustainability #RenewableEnergy #DataDriven

Calling all ambitious South African graduates! 🎓🇿🇦 Scatec has relaunched its prestigious Young Talent Academy Graduate Programme, and we're looking for the brightest minds to join us in the country! 🇿🇦☀️ Positions are available across various business units. Join a company at the forefront of the renewable energy revolution and benefit from our comprehensive development programme. You'll gain hands-on experience, mentorship, and the opportunity to contribute to groundbreaking projects. Tomorrow, South Africa's People Team including Aidan Wildschut will be at YES! and the University of Cape Town's On The Road, speaking about the company and opportunities within the industry. Last chance to apply before the deadline! 👇 https://lnkd.in/dhbs3fpy #Improvingourfuture #SouthAfrica #Changemakers #GraduateProgramme South African Photovoltaic Industry Association (SAPVIA) South African Wind Energy Association (SAWEA) Youth Employment Service (YES) South Africa IPP Office