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The investment will certainly take place under Egypt's program: Nexus on Water, Food and Energy (NWFE). AIIB has committed to contribute to the RE component which is expected to mobilise a minimum of $10 billion in investments for the setup of 10-GW.

Engie Chile launches USD 310-million Libélula hybrid plant—151 MWp solar array and 199 MW battery—to power 120 000 homes and advance its 3.5-GW roadmap.

AES Dominicana has broken ground on a 58MW solar plant in the Dominican Republic, which is now being built by Spain's TSK Electricidad y Electronica.

The Portuguese unit of France's Engie SA (EPA:ENGI) has obtained solar energy firm Ikaros Hemero together with a project pipeline of over 50 MWp, local press reported Saturday.

Brazil's National Development Bank (BNDES) has authorized a BRL-189.9-million (USD 37.6 m/EUR 30.9 m) loan to support the construction of a 68-MW solar park, part of a wind-solar hybrid project in Piaui state.

Indian state-run energy business NTPC Ltd (BOM:532555) is acquiring quotes from designers for the implementation of solar projects in the Republic of Cuba with an integrated capacity of 900 MW, according to a statement priced estimate by Indian media.

Spanish power and also gas utility Naturgy Energy Group SA (BME: NTGY) announced on Thursday that it has actually broken ground on a 50-MW solar PV farm in Spain's area of Extremadura.

Brazilian investment manager Patria Investimentos, with its renewable energy system Essentia Energia, has actually put the 475-MWp Sol do Sertao photovoltaic (PV) complex right into operation in Brazil's Bahia state.

France's Voltalia SA (EPA: VLTSA) has actually signed a power acquisition agreement (PPA) to supply residential retail chain Leroy Merlin with electricity from a 30-MW solar project.

Spanish power utility Endesa SA (BME: ELE), with its renewables unit Enel Green Power Espana (EGPE), has actually commissioned a 50-MW solar photovoltaic (PV) park in the region of Andalusia, southerly Spain.

EDP Renovaveis SA (ELI: EDPR) introduced on Thursday that it has been approved a 20-year feed-in-tariff (FiT) for 159 MW of wind and solar projects in Italy's current auction.

Existing solar power policies in North Carolina will go under review as part of the state’s draft Clean Energy Plan. Published last week, it includes the retirement of 4GW of coal and the proposal of measures to drive renewable energy more broadly as well as boosting EV adoption in the US state.

TSO RTE is partnering with Nidec Industrial Solutions on the three-year project

PPA covers 80% of output from two PV plants in southern Spain with remaining 20% exported to the grid

Scientists at KAUST have published a roadmap for perovskite/silicon tandem solar cells, combining efficiency and stability for affordable clean energy. Paving the way for a $10 billion market.