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Mitsui

Five commercial offtakers for $33m Jordanian solar portfolio

Telecomms, retail and garment manufacturing businesses have signed up to consume the electricity to be generated by eight solar projects in Jordan which will harness grid infrastructure to transfer an estimated 81 GWh of clean power annually.

Scatec Solar secured 300 MW of solar capacity in 500 MW Tunisia auction

The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.

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Mitsui to buy 49% of Mahindra solar subsidiary

Mahindra Susten will retain a majority 51% stake in its Marvel Solren unit, which operates 16 MW of solar at four sites in India. It aims to jointly build up to 150 MW of capacity with the Japanese trading house by 2023.

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GCL-Poly backing grid AI application with new joint venture

The Chinese polysilicon heavyweight has joined forces with Japanese industrial and energy conglomerate Mitsui & Co and software company eVolution Networks, and promises to deliver a solution that will beef up the grid.

Dubai funding commitments demonstrate rise of corporate solar

Two Emirati developers are celebrating landmark deals with a commercial and industrial focus as Yellow Door Energy secures $65 million to expand operations into new markets and Adenium – one of Yellow Door’s backers – prepares to operate the region’s first industrial self-consumption and net metering project.

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TEPCO reaffirms renewables commitment, vows to expand globally

The head of Tokyo Electric Power (TEPCO) has said that the Japanese company remains committed to renewables development, and has vowed to expand the regional utility’s business beyond its home market in the coming years.

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SoftBank unit to complete 43.4 MW of PV

SB Energy — the renewables development unit of Japanese telecoms giant SoftBank — will connect the project to the grid from the start of February with partner Mitsui & Co.

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