Skip to main content

Scatec starts commercial operation at Grootfontein solar power plant in South Africa

Written by Customer Service on . Posted in Public Companies.

Oslo/Cape Town, 06 December 2025: Scatec ASA, a leading renewable energy provider, has started commercial operation of the 273 MW Grootfontein solar power plant in South Africa, which will generate predictable revenues from a 20-year power purchase agreement (PPA).

“We are proud to commence commercial operations at Grootfontein, reinforcing our strong track record in South Africa. This project builds on our commitment to deliver clean, reliable energy while creating long-term value for local communities and partners. We thank our stakeholders for their continued collaboration and look forward to continuing our support of the energy transition in South Africa,” says Scatec CEO, Terje Pilskog.

“Bringing the Grootfontein plant into operation is an important milestone for Scatec and our partners. As our first project in the Western Cape, and the first solar project to reach COD under REIPPPP Round 5, this achievement reflects the dedication and resilience of our teams and contractors. Grootfontein strengthens Scatec’s position as a trusted renewable energy partner in South Africa and underscores our commitment to scaling impact through sustainable, high-quality projects,” says Alberto Gambacorta, EVP and General Manager for Sub-Saharan Africa.

The power plant is expected to generate 700 GWh of clean energy annually, leading to an estimated abatement of 630,000 tonnes of CO2 emissions, making it the largest co-located solar PV cluster in the Western Cape. Scatec owns 51% of the equity in the project, H1 Holdings, our local Black Economic Empowerment partner owns 46.5% and the Grootfontein Local Community Trust owns 2.5%. Scatec will provide Operation & Maintenance and Asset Management services to the power plants.

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP IR
andreas.austrell@scatec.com
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com
+47 468 44 959

About Scatec 
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, we develop, build, own, and operate renewable energy plants, with 6.2 GW in operation and under construction across five continents today. We are committed to growing our renewable energy capacity, delivered by our passionate employees and partners who are driven by a common vision of ‘Improving our Future’. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’. To learn more, visit www.scatec.com or connect with us on LinkedIn.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.