Scatec ASA’s Annual Report and ESG Performance Report 2023 has revealed a Q4 2023 revenue of NOK 1.67 billion, dropping from NOK 1.765 billion in Q4 2022. Full-year proportionate revenue reached a record high of NOK 12.7 billion, compared to NOK 5.133 billion in 2022. Power produced by Scatec in Q4 2023 decreased to 811 GWh, compared to 979 GWh in Q4 2022, due to asset divestments. The company’s annual production for 2023 totaled 3,615 GWh, down from 3,898 GWh in 2022.
Scatec releases 2023 Annual and ESG reports
Scatec reports record annual revenue despite lower power production in 2023. (Image Credit: SOLARbytes).
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