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Set up by Abu Dhabi Fund for Development for financial objectives, the Abu Dhabi Exports Office (ADEX), will certainly provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa.

The African countries of Botswana and Cameroon have taken steps to add a combined 125MW of installed PV capacity to their respective national grids.

POWGEX-HYFI and BioPower announce an opportunity to build up to 30 GW of solar power plants in South Africa’s Mpumalanga province, with the initial capacity starting in 2024 and an estimated project cost of USD 2.5 billion. Lead financial adviser Signet Capital arranges a USD-450-million private placement.

Yellow Door Energy partners with Powerx to boost South Africa's green energy with a 24.5-MWp solar park, advancing sustainable development and energy transition goals.

Mulilo Energy powers South Africa's green future with a 75-MW solar project, boosting renewable capacity and aligning with national sustainability goals.

Qair secures 178 MW in Morocco, advancing towards 52% renewable energy by 2030 with Tetouan wind and Tiznit solar projects, boosting investment climate and industry supply.

CNGR Advanced Material and Al Mada have announced plans to set up a $2 billion industrial hub in Morocco for EV battery production with an annual capacity of 1 million vehicles. Strategic initiatives by Huayou & Gotion High-Tech result in a combined $26.3 billion investment in Morocco's automotive sector.

The solar plant is expected to have a capacity of up to 60 MW and also will certainly be situated at the 100 MW Gorou Banda thermal power plant appointed in 2017.

Univergy International headquartered in Spain and Japan is planning to invest over $200 million in two photovoltaic projects in Zambia.

The African Development Bank (AfDB) will lend the government of Burkina Faso €48.82 million (US$54.04 million) to develop 208MWp of PV across the nation under its Desert to Power initiative.

While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.

Tesla boss Elon Musk said Tuesday that he plans to build the globe's biggest battery-cell factory at the group's electrical automobile plant near Berlin.

French renewables business Voltalia SA's (EPA: VLTSA) Helexia subsidiary has installed the panels for 3 out of 20 rooftop planetary systems amounting to 25 MW it is supplying for Auchan Retail in Hungary.

A unit of Tata Power Renewable Energy Ltd (TPREL) has actually authorized a power purchase agreement (PPA) with Tata Power Trading Co Ltd (TPTCL) in regard to the planned building and construction of a 200-MW/280-MWp solar power plant in the Indian state of Rajasthan.

Endesa X, the power services unit of Spanish utility Endesa SA (BME: ELE), has actually developed 3.3 MWp of self-consumption solar photovoltaic (PV) plants in Portugal for furniture as well as mattresses maker Aquinos Group.