Africa & Middle East

Swiss group records 91% plunge in Q2 2019 figures released two weeks after accepting to cough up US$470m for a buyer to take on its solar inverter business.

Warsaw unveils PLN1bn scheme to co-fund home PV, World Bank supports roll-out in Sahel state, Pacific kingdom breaks ground on off-grid solar.

World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.

Matshela Koko says last year’s probe in South Africa has pushed him to ‘greater heights’ after securing Zimbabwe’s go-ahead to 100MW/240MWh plant.

Harare adopts solar duty waivers as Chinese firm shares upstream plans, UK-backed scheme targets 60 mini-grid systems, Sinohydro to deploy 20MW plant by Lagdo dam.

The Oman Power and Water Company SAOC (OPWP) has kicked off process for two independent power projects (IPP) with a combined output of 1.1GW.

Mercom: US$300m ReNew Power deal and stock exchange listings help industry raise US$6bn in H1 2019 from venture capitalists, public markets and debt providers.

According to the latest ‘Solar EPC and O&M Provider Tracker’ report from IHS Markit, the EPC sector has yet to experience any effective market leaders or consolidation.

Latest major PV project will be nearly double the size of the 1,177MW Noor Abu Dhabi.

Operational kickoff signals latest step of colossal PV venture in Arabian Gulf state, delivered by Marubeni, JinkoSolar and AD Power consortium.