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[…]