The fifth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme has signed power purchase agreements with 13 solar PV projects.
A 600MW electricity transmission line between Italy and Tunisia has received €307 million (US$324 million) in funding as part of the EU’s Connecting Europe Facility (CEF) financing programme aimed at developing energy infrastructure across the continent.
Scatec, the Norwegian independent power producer (IPP), has signed 273MW of power purchase agreements (PPAs) for solar projects in South Africa under the government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Renewables company Voltalia and Egyptian oil company TAQA Arabia have signed a memorandum of understanding (MOU) with the Government of Egypt to develop, finance and operate a green hydrogen cluster with solar PV and wind power.
French renewables company Voltalia has successfully raised US$516 million through a capital increase that will help build its new production capacity by 2027.
Renewables company CWP Global has signed a memorandum of understanding with the Government of Djibouti to develop a 10GW renewable and green hydrogen hub in Djibouti.
Canadian Solar has signed a 256MW module supply agreement with South African independent power producer (IPP) SOLA Group. The modules will supply what Canadian Solar has said will be South Africa’s two largest solar PV plants.
AMEA Power, the Middle Eastern renewable energy company, has closed financing on 1GW of renewable energy projects to be deployed in Egypt, constituting a 500MW solar PV plant and a 500MW wind farm.