Africa & Middle East

Scatec has reached financial close for its three solar projects in South Africa, which will have a combined capacity of 273MW.

Global renewables investor Actis has agreed to sell 100% of African independent power producer (IPP) BTE Renewables to French utility giant Engie and investment firm Meridiam for US$1 billion.

Senegal has announced a partnership with several countries and the EU to accelerate renewable energy deployment, receiving €2.5 billion (US$2.71 billion) new and additional financing starting from 2023.

Grounding issues and damaged modules are the most common safety problems among rooftop solar projects, according to Clean Energy Associates (CEA).

The Emerging Africa Infrastructure Fund has announced that the 40MW Kesses solar project in Kenya has started operations.

Spanish solar tracker provider PV Hardware (PVH) has signed a supply agreement with Larsen & Toubro for 2.97GWp of PV trackers.

The Dubai Electricity and Water Authority has inaugurated the 900MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in the UAE.

Chinese ambassador to South Africa Chen Xiaodong has offered to provide the South African grid with 66GW of solar infrastructure.

Solar PV additions have seen significant increase over the past few years, while it is also leading the increase in new renewable capacity worldwide this year, according to the International Energy Agency’s latest report Renewable Energy Market Update June 2023.

Kenyan solar power company Sun King and investment bank Citi have partnered on a US$130 million securitisation deal.