Polysilicon producer United Solar has reached financial close on a US$50 million equity investment from the World Bank Group's International Finance Corporation (IFC) for its polysilicon facility in Oman.
Work has begun on the 500MW Maun solar-plus-storage project in Botswana, which will be a cornerstone of the country's plan to reach 1.5GW of operational renewable energy capacity by the end of the decade.