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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.

Brazilian renewable resource firm Ibitu Energia stated recently its 252-MWp solar power complex in the northeastern Piaui state has actually reached complete commercial operation.

Scientists at Linkoping University, Sweden, dealing with the perovskite family of products have actually taken a step forwards as well as created an optoelectronic magnetic double perovskite. The exploration opens up the possibility to couple spintronics with optoelectronics for quick and energy-efficient details storage.

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.

Vodaphone and Centrica have signed a power purchase agreement (PPA) with MYTILINEOS S.A for the output of three solar farms in the UK.

Eirgrid and ESB Networks have actually launched the full listing of renewable resource projects to get grid connection supplies in Ireland via their enduring connection policy (ECP) process, with solar PV representing most of these.

Moldova’s first large-scale renewables tender allocates 165 MW of wind and solar to 11 projects, boosting energy security and signaling a maturing green market.

Spanish programmer Elawan Energy on Thursday claimed it has actually closed on EUR 92 million (USD 108.7 m) of project financing for a portfolio of solar projects with an integrated ability of 250 MW in Spain.

Chinese photovoltaic or pv (PV) module producer Jiangsu Seraphim Solar System Co Ltd today stated it has actually authorized a deal to provide 1 GW of modules to Rodina Energy Group LLC.