Scatec starts commercial operation at Mmadinare phase 2 in Botswana

Core Insights - Scatec ASA has commenced commercial operations for the second 60 MW phase of the 120 MW Mmadinare Solar Cluster in Botswana, marking a significant milestone in the company's renewable energy initiatives [1][2] Project Overview - The Mmadinare Solar Cluster is Scatec's inaugural project in Botswana, with the first phase operational since March 2025 [2] - The power plant is backed by a 25-year power purchase agreement (PPA) with Botswana Power Corporation, ensuring predictable revenue streams [2] - Scatec currently holds 100% ownership of the project but plans to invite additional equity partners to reduce its long-term economic interest [2] Operational Achievements - The second phase of the solar power plant was completed within budget and ahead of schedule, demonstrating Scatec's commitment to renewable energy development in the region [3] - The project is expected to generate a total of 280 GWh of clean energy annually, contributing to a reduction of approximately 380,000 tonnes of CO2 emissions [5] Strategic Importance - The successful operation of the solar power plant is a crucial step for Botswana, which has significant potential for renewable energy deployment to support economic growth [3][4] - Scatec's involvement in Botswana's first utility-scale solar PV facility underscores the company's role in advancing sustainable energy solutions in the region [4] Company Profile - Scatec is a prominent renewable energy solutions provider, with 6.2 GW of capacity in operation and under construction across five continents [6] - The company is dedicated to enhancing access to reliable and affordable clean energy in emerging markets, driven by a vision of improving the future [6]