Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.
Danish developer Better Energy and pension fund Industriens Pension have expanded their partnership with a further investment of €800 million in solar parks across Northern Europe.
Silicon materials producer REC Silicon has concluded a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon.
Activities under the new Regional Emergency Solar Power Intervention Project, a US$311 million regional project for which the World Bank supports, have started in Freetown, Sierra Leone.
Solar investors believe that Europe can be a competitive market for PV manufacturing and compete with the US Inflation Reduction Act (IRA), as ESG and energy security concerns will drive money to the continent.
US electric power and natural gas company Duke Energy has announced an expansion plan to allow customers to supplement their power usage with renewable power completely.
