Scatec commissions 142 MW solar plant in Brazil

Scatec ASA has commenced commercial operations of the 142 MW Rio Urucuia solar power plant in Minas Gerais, Brazil. This project expanded Scatec’s Brazilian installed capacity to 835 MW. The project operates under a 10-year power purchase agreement (PPA) with Statkraft, covering around 75 per cent of expected generation, with the remaining output to be sold through the spot market and additional PPAs. 

Furthermore, Scatec owns 100 per cent of the project and will provide operations & maintenance and asset management services, while exploring the introduction of equity partners. The project is expected to generate approximately 321 GWh of clean electricity annually. The project will help avoid an estimated 21,000 tonnes of carbon emissions annually. 

In February 2026, Scatec ASA achieved financial close for the 130 MW Barzalosa solar project in Colombia and commenced construction. The project has executed a 15-year power purchase agreement with BTG Pactual Comercializadora de Energía. Scatec ASA holds a 65 per cent equity stake in the project, with Norfund providing the remaining equity participation.