{"id":4709,"date":"2022-02-07T05:30:20","date_gmt":"2022-02-07T05:30:20","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=4709"},"modified":"2023-06-19T10:42:19","modified_gmt":"2023-06-19T10:42:19","slug":"scatec-acme-puts-900-mw-solar-project-in-india-on-hold","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/scatec-acme-puts-900-mw-solar-project-in-india-on-hold\/","title":{"rendered":"Scatec, ACME puts 900-MW solar project in India on hold"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/4709?pdf=4709\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img class=\"alignnone wp-image-2440 aligncenter\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2021\/11\/Mega-Solar-Power-Projects.jpg\" alt=\"\" width=\"455\" height=\"255\" \/><\/p>\n<p>Scatec ASA, a Norwegian renewable energy company, and ACME, an Indian solar energy company, have decided to put their 900-MW solar project in India on hold.<\/p>\n<p>Scatec revealed this in its fourth-quarter financial report, which stated that the project was transferred from backlog to pipeline due to a lack of locally manufactured photovoltaic (PV) panels and the impending imposition of a 40% import tariff on such items.<\/p>\n<p>In June 2021, the two firms established a 50\/50 cooperation on that particular project. They anticipated the overall capital investment to be USD 400 million (EUR 351 million) at the time, with a domestic state-owned institution providing 75% of the debt funding.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Scatec ASA, a Norwegian renewable energy company, and ACME, an Indian solar energy company, have decided to put their 900-MW solar project in India on hold. Scatec revealed this in&#8230; <\/p>\n","protected":false},"author":4,"featured_media":2440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2021\/11\/Mega-Solar-Power-Projects.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4709"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=4709"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4709\/revisions"}],"predecessor-version":[{"id":4710,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4709\/revisions\/4710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/2440"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=4709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=4709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=4709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}