Marubeni invests in Azuri, enters solar home systems sector in Africa

Marubeni Corporation has signed off on an agreement to acquire a stake in Azuri Technologies, entering into the solar home systems sector for off-grid areas in Africa. As a result of this deal, Marubeni’s investment will make the company the largest shareholder of Azuri.

Lowest ever solar bids submitted in Abu Dhabi

An Asian consortium involving China-based PV manufacturer and developer JinkoSolar and Japanese conglomerate Marubeni Corporation has submitted the lowest ever bid for solar PV capacity in Abu Dhabi, standing at US$0.0242/kWh.