Africa & Middle East

Annual global investments in green hydrogen are on track to exceed US$1 billion by 2023 as production costs fall and governments increase their support for the technology.

Solar O&M solutions provider Ecoppia has launched an initial public offering (IPO) after securing more than US$82.5 million through a public tender phase.

Saudi Arabia’s Public Investment Fund (PIF) has raised its shareholding in renewable energy developer ACWA Power.

As 2020 draws to a close, PV Tech is already looking ahead and making plans for what stands to be a pivotal year for the global solar industry.

Independent power producer (IPP) Amarenco Group has secured €150 million (US$176.8 million) in funding as it looks to ramp up solar project development in Europe and Asia.

A round-up of the latest news in solar project development worldwide, featuring news from EDF Renewables, Hive Energy, Sterling and Wilson and Disneyland Paris, of all places.

Scatec Solar has struck a US$1.1 billion deal to acquire leading hydropower developer SN Power, touting the potential for floating solar on hydro reservoirs.

Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.

Risen Energy has landed a 1.5GW bifacial module supply deal with an unnamed, yet “well-known” independent power producer.

Solar is the “new king” of electricity, the International Energy Agency has said, with the asset class set to deploy more new capacity then any other technology each year for the coming decades.