The Asian Infrastructure Investment Bank (AIIB) has joined a partnership agreement with the Egyptian government, expected to mobilise US$10 billion in investments to deploy 10GW of solar and wind by 2028.
Subsidiaries of Abu Dhabi Ports Group and TotalEnergies have today agreed to explore distributed solar PV opportunities in the United Arab Emirates (UAE).
German solar developer Juwi is in the final stages of commissioning a 36MW solar farm, accompanied by a 7.5MW battery energy storage system (BESS), at the Sukari gold mine in Egypt.
Solar tracker manufacturer PV Hardware (PVH) has opened an 8GW factory in Jeddah, Saudi Arabia. The facility will produce trackers and structures for solar projects in the Middle East and further afield.
Indian independent power producer (IPP) ReNew Power has signed an agreement with the government of Egypt to set up a green hydrogen plant that will require an investment of US$8 billion.
At the United Nations COP27 conference, the European Investment Bank (EIB) and AllianzGI have announced the mobilisation of US$100 million to Alcazar Energy Partners II, a fund which facilitates the development, construction and operation of renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia.
The European Investment Bank (EIB) and the Development Bank of South Africa (DBSA) have launched a financing programme to support €400 million (US$413 million) worth of renewables investment in South Africa.
The Energy Transition Accelerator Financing Platform (ETAF) has gained three new partners this week at the United Nations COP27 conference in Egypt. The Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re all signed partnerships on site in Sharm-El-Sheikh.
Bank of America and CrossBoundary Energy will explore financing solutions to expand the latter’s renewable energy portfolio across Africa, the commercial and industrial (C&I) solar developer announced at the COP27 conference this week.
Inverter design and configuration is continually evolving, and so are the strategies of the companies making this important piece of kit, writes Jonathan Touriño Jacobo.
