Scatec doubles production capacity of solar and storage projects in Cameroon

The expansion will increase the size of Release’s Cameroonian portfolio to 64.6 MW of solar capacity along with 38.2 MWh of batteries and follows a $26 million investment in these projects.

“This extension is a testament to the success of the initial projects and the benefits our innovative offering delivers,” said Release CEO Hans Olav Kvalvaag. “By increasing the installed capacity in the country, we confirm our cooperation with ENEO and our commitment to Cameroon as a key market for our solutions.”

Both projects were initially developed in partnership with African engineering, procurement and construction (EPC) companies Izuba Energy and Sphinx Energy. The next round of expansion work will be partially funded by Climate Fund Managers, a Dutch investment group that reached an agreement last July to provide $102 million in financing to Release in exchange for a 32% stake.

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