ERG Power Generation, subsidiary of ERG, has signed off on an agreement with VEI Green to acquire 100% of ForVei — a joint venture between VEI Green and Foresight.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
Recurrent Energy has closed on a combined construction loan and construction letter of credit facility for the 20MW Gaskell West 1 solar power project in California.
International renewable energy company DP Energy has appointed both Vestas and Downer to develop the first stage of its Port Augusta Renewable Energy Park, which will be Australia’s largest hybrid renewable power station upon completion.
Jordan has officially switched on the largest PV project ever to be developed in a refugee camp, with Reuters reporting that the 12.9MW project will provide renewable energy to nearly 80,000 Syrians.
First Solar will provide its high-performance, thin-film PV modules to help power two utility-scale PV power plants in the Netherlands, with both installations developed by Denmark's Obton.
Development company Rodina has started the construction on the first PV project to be developed within the Chernobyl exclusion zone, per Ukranian news outlet Liga.