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[…]