OB:SCATCRenewable Energy
Did Scatec’s (OB:SCATC) Floating Solar Deal Mark a New Chapter in Its Regional Growth Story?
Scatec and its joint venture partner Aboitiz Renewables recently announced securing a 20-year Power Purchase Agreement for a 68 MW floating solar project in the Philippines through SNAP, their local partnership, as part of the country’s Green Energy Auction Program 4.
This development illustrates how hybrid projects that integrate solar, hydropower, and battery storage can accelerate the Philippines’ renewable energy targets while broadening Scatec’s regional portfolio.
We’ll explore how...