Marubeni Corporation has signed off on an agreement to acquire a stake in Azuri Technologies, entering into the solar home systems sector for off-grid areas in Africa. As a result of this deal, Marubeni’s investment will make the company the largest shareholder of Azuri.
Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.
CEO Michael Yurkovich walks PV Tech through the factors that will hasten or hinder subsidy-free success in the former Soviet republic, seen as a market-to-watch.