The African Development Bank Group (AfDB) approved a financing package of up to $184.1 million to support the 1 GW Obelisk solar project in Egypt’s Qena Governorate. This project will also include a 200 MWh battery energy storage system. With a total investment exceeding $590 million, the Obelisk project will be the largest solar project in Africa. The financing includes $125.5 million from AfDB’s resources, $20 million from the Sustainable Energy Fund for Africa, $18.6 million from the Canada-AfDB Climate Fund, $20 million from the Clean Technology Fund, and additional support from other development finance institutions.

Dubai Electricity and Water Authority (DEWA) announced that the Mohammed bin Rashid Al Maktoum Solar Park’s total production capacity has increased to 3,860 MW following the addition of 800 MW under its sixth phase in 2024. The park now contributes 21.5% of DEWA’s total energy mix through solar and concentrated solar power technologies. By 2030, the solar park’s capacity is projected to reach 7,260 MW.

GameChange Solar secured a contract from ACME Greentech Ventures FZCO to supply its Genius Tracker 1P Single Row system for a 450 MWp solar project in Duqm, Oman. The solar installation will power ACME’s green hydrogen and ammonia production facilities. The project spans 92 sq km and is being developed in phases. Phase 1 aims to produce 100,000 tons of green ammonia annually, while future phases will scale up to 71,000 tons of green hydrogen and 400,000 tons of green ammonia per year. The facility’s full capacity targets 0.9 million tons of green ammonia annually.

China-based company Tinci Materials Technology announced a $280 million investment to establish a battery electrolyte and raw materials plant in Jorf Lasfar, Morocco. The facility will produce 150,000 tons of battery electrolytes and key components, such as lithium hexafluorophosphate, annually for the global electric vehicle market. The Moroccan government supports the project through incentives and subsidies.