Yemen will get its largest solar plant, courtesy of Masdar: UAE-based renewables company Masdar signed an agreement with Yemen’s Southern Transitional Council (STC) for the development of a 120 MW solar project in Aden, according to a statement. Both parties will work on the construction of transmission networks and transformer stations, the statement notes. The financials of the agreement were not disclosed.

Yemenis are in need of stable electricity: Some 90% of the Yemeni population lacks access to publicly sourced electricity, according to recent ReliefWeb statistics. More than 50% of the country’s population source their power needs from micro solar energy installations, according to World Bank figures.

ELSEWHERE IN THE REGION- Tunisia secures loan packages for first solar project: The Africa Development Bank Group’s board of directors approved a EUR 10 mn loan and a USD 27 mn loan for Tunisia’s 100 MW solar independent power producer plant in Kairouan, according to an statement. The USD 27 mn loan includes USD 17 mn worth of concessional financing from the Sustainable Energy Fund for Africa, a special multi-donor fund managed by the bank.

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