Scatec’s Release, in collaboration with Izuba Energy and Sphinx Energy, has secured two new lease agreements with ENEO, Cameroon’s national electricity company. These agreements will expand the solar and battery storage capacity in Cameroon to 64.4 MW of solar and 38.2 MWh of batteries. The Release solution involves movable panels and batteries under flexible leasing contracts. With the completion of solar plants in Maroua and Guider in September 2023, an additional 28.6 MW of solar and 19.2 MWh of battery storage will be added, benefiting approximately 200,000 households and generating 141.5 GWh of electricity annually.
Scatec adds 28.6 MW solar in Cameroon
Scatec’s flexible leasing solution supports 200,000 households with 141.5 GWh annual energy production. (Image Credit: Scatec)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)