South Africa-based steel producer ArcelorMittal SA (AMSA) is inviting proposals from independent power producers (IPPs) to build two utility-scale solar projects as it seeks to reduce its energy costs.
IPP stands by its Q1 2020 power production forecasts and says it remains too early to predict any potential impact on solar project completion dates from the COVID-19 outbreak.
Strong PV growth was 'chief driver' of 24% rise in group-wide EBITDA between H1 2018 and H1 2019, says IPP as it notes this year’s European tender milestones.
State utility secures over US$20 million in funding to build complex in Kampong Chhnang province and will now tender for developers to deploy a 60MW first batch.
