Making solar for utilities simple

Making solar for utilities simple

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Many utility scale solar projects are never realised, even if there is a substantial need for additional power. Release is designed to overcome the barriers and ensure projects come on-line. We don’t require sovereign guarantees to cover payments. This reduces the overall financial commitment required by the utility/government. Our equipment is pre-financed. Thus, our offering is not subject to securing financing. We don’t overpromise on the tariff, but are committed to delivering a complete product at the agreed price. The timeline from contract signing and until the plant is up and running is about four to six months.
Release by ScatecRelease is a fully scalable solar power solution offering industrial players reliable, clean and cost-efficient containerised solar power through flexible leasing agreements. The company designs, finances and installs scalable solar power plants and battery storage, securely integrated with existing power infrastructure. Focusing on medium and large energy consumers in emerging markets, we use our experience, competence and global presence to make reliable solar power available - reducing electricity costs and increase energy independence.  Release is owned and managed by Scatec ASA, a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 500 employees. The company is targeting 15 GW capacity in operation or under construction by the end of 2025. Scatec’s headquarters are in Oslo, Norway, and the company is listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’. 

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