Scatec to Deploy Solar and Storage in West Africa
Scatec, a Norwegian renewable energy firm, has signed lease agreements for 64MW of solar PV and 10MWh of energy storage capacity in Liberia and Sierra Leone.
Through its subsidiary Release by Scatec, the company has entered into lease agreements with the power utilities in Sierra Leone and Liberia for the solar and storage projects.
- In Liberia, a 15-year lease agreement was signed with the Liberia Electricity Corporation (LEC) for a 24MW solar PV project and a 10MWh battery energy storage system (BESS) in Duazon, near Monrovia.
Release by Scatec is designed to overcome financial and technical barriers associated with adopting solar energy.
Author's summary: Scatec signs lease agreements for solar and storage projects.