Improving our future
Scatec Solar is one of the worlds leading independent project developers and Engineering Procurement and Construction (EPC) providers for utility-scale solar photovoltaic (PV) power plants. Established in 2007, Scatec Solar is owned by Scatec Group and Itochu Corporation. Our combined track record amounts to about 180 MW of installed systems. We are the natural partner to institutional investors, rooftop owners, installers and external project developers.
Scatec Solar divides its operations into three business units:
Scatec Solar Development is the in-house project developer, and is responsible for developing projects, both rooftop and ground mounted. We will identify the upcoming markets with the highest potential and build up a team of experienced project developers in these markets. It typically takes 1-2 years to go from a promising site to a fully developed project. Scatec Solar will then either sell the developed project to external investors, or build the project with our own in-house EPC division - Scatec Solar Solutions. The company has a gross pipeline of 2.3 GW across Europe, Africa, US and Japan.
Scatec Solar Solutions is comprised of experienced PV system designers, engineers, project managers, site managers and supply chain professionals. We are able to deliver turnkey construction of the most challenging PV systems. We build both internally for Scatec Solar, and externally for outside investors. Solutions also provide design and engineering services, and operations and maintenance contracts for external PV systems.
Scatec Solar Production acts as a PV system asset manager and independent power producer (IPP). This division of Scatec Solar is responsible for asset management and sales of PV systems directly owned by Scatec Solar. We currently hold 20 MW of PV systems on our own books.