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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.

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

Proparco, a department of the French Development Agency (AFD) group, invested in a $10 million green bond that will certainly be lent to Sun King, an African solar kit seller. The Swiss influence capitalist Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have actually already been issued thanks to this platform.

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.

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.

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.

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.

Rounding off a huge week for solar in Queensland, Premier Palaszczuk revealed the collaboration in between Energy Queensland had Yurika and also the Queensland Investment Corporation which will certainly see 15 MW of solar mounted throughout 5 shopping center.

Sungrow, the international leading inverter solution provider for renewables, introduced that 95 MWac of 1500V medium-voltage main inverter solutions were functional well in Total Eren's two solar PV projects in Kazakhstan to totally sustain the Central Asian sustainable passion.

Pacific Gas as well as Electric Company (PG&E) has requested authorization from the California Public Utilities Commission (CPUC) for 6 brand-new battery projects completing 387 MW (1,548 MWh) of capacity. This comes after PG&E introduced in May 423 MW of energy storage space from five projects, set up to be online by August 2021.

International investment company, The Carlyle Group has actually announced its development investment in Amp Solar Group (Amp Energy), a power change system firm, with a financial investment of USD 374 million.

The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.

Ukraine’s favorite solar module manufacturer has posted another encouraging set of returns, after a difficult year in 2018. And Risen – which boasted 6.6 GW of annual production capacity at the end of last year, according to analysts at PV InfoLink – is committed to adding another 2.5 GW before 2022.