News
18 October 2024

Financial close for Scatec’s Mogobe BESS

In:
Power
Region:
Middle East & Africa

Scatec has reached financial close for the 103MW/412MWh Mogobe battery energy storage system (BESS) facility and is preparing to start construction.The BESS, located near Kathu in Northern Cape, was awarded a 15-year PPA under the first bid window of the Battery Energy Storage Independent Power...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...