Scatec Solar to help develop Rwanda PV Project

Global solar energy company Scatec Solar has partnered with the Norwegian Investment Fund for Developing Countries (Norfund) and Dutch developer Gigawatt Global Coöperatief to close $23.7 million financing on an 8.5MW solar photovoltaic (PV) solar park in Rwanda The project will become East Africa’s first utility-scale solar plant and will increase Rwanda’s power generation capacity by around 8 percent.[…]

Scatec, Norfund in East Africa’s First Solar-Project Funding

Scatec Solar AS and Norfund AS of Norway secured $23.7 million for a Rwandan photovoltaic plant in East Africa’s first financing deal for a solar project. The partners, along with Dutch company Gigawatt Global Cooperatief UA, will develop an 8.5-megawatt solar park in Agahozo-Shalom Youth Village, Scatec said on Tuesdayin a statement.Construction at the orphan community[…]

Gigawatt Global Finalizes Money to Build Rwanda’s First Commercial Solar Field

A Dutch company said Monday it has begun construction of a solar field in Rwanda in what it said would be the first such large-scale project in eastern Africa. Gigawatt Global Coopereratief said it had closed the $23.7 million financing for the project and that construction began last week. Yosef Abramowitz, president of Gigawatt Global and[…]

Rwanda Project News

Download PDF: 20140217_Gigawatt Global Rwanda release – Feb-17-2014 FOR IMMEDIATE RELEASE 17 February 2014 Construction Begins on East Africa’s First Utility-Scale Solar Field Breakthrough project “a game-changer for humanity and the environment” Dutch solar developer Gigawatt Global Coöperatief successfully closed on $23.7 million in financing on an 8.5 megawatt solar photovoltaic (PV) power plant from an[…]

Scatec, Norfund begin East Africa’s first utility-scale solar power plant

Scatec Solar, the global solar energy provider, have in partnership with Norfund, the Norwegian Investment Fund for Developing Countries and Dutch developer Gigawatt Global Coöperatief, successfully closed on $23.7 million in financing on an 8.5 megawatt solar photovoltaic (PV) solar park in Rwanda. The project, East Africa’s first utility-scale solar plant, will increase the country’s power generation capacity by[…]

Gigawatt Global Finalizes Money to Build Rwanda’s First Commercial Solar Field

By Sara Toth Stubb Special to DOW JONES NEWSWIRES Gigawatt Global Cooperatief, an American-Dutch solar power company, said Monday it has finalized financing needed to build Rwanda’s first commercial solar power plant. Netherlands-based Gigawatt, which has significant U.S. ownership, said it has finalized $23.7 million in funding for an 8.5 megawatt field near Kigali, which[…]