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Mergence Buys Stake in Namibian Solar Plant
Local asset manager Mergence Unlisted Investment Managers (Namibia) has bought a majority stake for an undisclosed sum in the 6-MWp Momentous Solar One solar energy plant, located near Keetmanshoop, from Canadian Solar....Read More
Siemens Gamesa in Talks for Egyptian Wind Projects
Siemens Gamesa is currently in talks with the Egyptian government for the implementation of a 2 GW wind power project in the east of the country. The project will cost an estimated €2 billion. The energy company wants to put it in place under a build, own, and operate contract.
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High-Level Arrests Start in Algeria
Algeria’s supreme court took several executives and officials into custody over graft allegations according to state TV. The country’s ex-prime minister, Abdelmalek Sellal and former trade minister Amara Benyounes, were both detained over alleged involvement in corruption. ...Read More

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