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 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[…]