Market News

 The Overseas Private Investment Corporation (OPIC) has signed an agreement with SolarReserve and ACWA Power to support the development of solar power in South Africa Redstone Solar SolarReserveThe project will be able to deliver stable electricity supply even after sunset.  According to . . .

 South African real estate firm Ascension Properties is installing its first solar photovoltaic (PV) in Cape Town in a bid to reap financial rewards of green energy over the long-term.   The move will see the use of the embedded generation scheme available in Cape Town to enable the sola . . .

Egypt's Ambassador to Japan Ismail Khairat said that Japan pledged to finance a solar power plant in Hurghada at a cost of $100 million.   In a statement, the foreign ministry said that the agreement was reached during the recent visit paid by Foreign Minister Sameh Shoukry to Japan.   . . .

 Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities solar succo pixabayThe campaign intends to accelerate the development of Africa’s emerging solar market, . . .

Leading global solar firm Scatec is now planning to invest over $600m for the construction of solar projects in Egypt over two years. The firm’s senior Vice President Terje Osmundsen said they are looking forward to building more solar projects in Egypt aimed at addressing the country&rsquo . . .