Scatec Solar, the Norwegian solar developer specializing in emerging markets, has launched a lease finance product to foster sub 25-megawatt installations, CEO Raymond Carlsen said. The product, called Release, will allow offtakers to enter into lease agreements for the supply of smaller-scale solar power on more flexible terms than those currently available in most emerging markets, which Scatec expects will unlock “numerous opportunities” for growth. “There’s a huge appetite for 1- to 25-megawatt plants, which are hard to do with non-recourse financing,” Carlsen told GTM.