Caledonia group mulls solar PV plant as Zimbabwe's unprecedented power crisis triggers a slowdown in the broader mining sector, with three other players allegedly bankrolling the state utility's emergency purchase of international power.
Deal between mining manufacturer Molycop and energy retailer Flow Power will back deployment of under-construction 120MW Bomen Solar Farm in Aussie state.
The fund can deploy a total of US$2 billion in funding, according to the company. It will be spearheaded by Actis' head of infrastructure Glen Matsumoto.
The Sol del Desierto solar plant in Antofagasta region, set to be operational by January 2022, will help Chile transition off coal and reach its goal of being carbon neutral by 2050.
Swedish energy group will install 38MW of PV alongside 22MW wind element and 12MWh storage battery system, with plans for complex to go live in autumn 2020.
IPP’s success bagging 15-year PPA for ‘very advanced’ project north of Lisbon comes as consultants say tender’s record-low prices underscore greater appetite for merchant risks.