Norway’s Norfund and UK development finance institution CDC have teamed up to fund 2.4GW of renewable deployment in South Africa through a ZAR600 million (US$39 million) investment in renewables company H1 Capital.
Norwegian renewables company Scatec and Indian solar developer ACME Group have signed a joint venture agreement to develop a large-scale green ammonia facility in Oman with an annual capacity of 1.2 million tonnes once fully developed.
Researchers in Saudi Arabia have reported the “the first ever” successful damp-heat test of perovskite solar cells, which they claim has moved the technology closer towards commercial viability after it withstood 1,000 hours of harsh conditions and maintained a 95% efficiency.
According to a 2019 IRENA report, less than a third of renewables sector jobs were filled by women, a figure which falls further in certain geographies and positions. Molly Lempriere profiles some of the industry initiatives to drive fair representation forward.
South African mining company Tharisa has signed an agreement with renewables developer Total Eren and African energy company Chariot to build a 40MW solar PV project to power its mining operations as more of the country’s heavy industries turn to solar.
Solar investor NextEnergy Capital (NEC) has raised US$896 million in its latest fundraising round that is targeting 2.5GW of final installed capacity in OECD countries, such as the US, Portugal, Spain, Chile and Poland.
