The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.
Complexity and costs may deter corporates from choosing avenue key to developers, lawyers Andrew Hedges, Caileen Kateri Gamache and Lee Donovan write in latest PV Tech Power issue.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
Inelsa’s work to deploy 150MW project would deliver major installed PV capacity boost to Central American republic, home only to estimated 165MW last year.
In an email exchange with PV Tech, the Dubai utility declined to comment on whether the tariff – allegedly submitted by a consortium led by Saudi Arabia's ACWA – was correct, with its CEO telling Bloomberg on Sunday it was "the lowest price worldwide."
Deal between developer Solar Ventures and private equity outfit Zouk Capital underscores rising market confidence in Italy as home to unsubsidised PV after years of standstill.
Developer's plan to ensure projects can tap into 30% ITC rate before it tapers follows similar move by installer SunPower, which bought 200MW of panels this week.
Partner duo tell PV Tech their new 400MW platform will exclusively feature ground-mounted PV projects, with plans to initially target 10 installations.
TenneT commits €215m to 380kV/110kV substations and other grid upgrades to relieve congestion, following months of political pressure over PV-driven bottlenecks.
