Scatec has entered an agreement with the Lesotho Electricity Company and the Government of Lesotho to build the first IPP solar project in Lesotho of 20 MW. The Power Purchase Agreement, Connection Agreement and Implementation Agreement were signed at an official ceremony held in Lesotho’s capital, Maseru, which marked the culmination of successful negotiations with […]
Lesotho May See Global Assets Seized After Contract Breach
Lesotho faces having 50 million euros ($61 million) of its assets seized around the world after breaching the terms of a contract with Frazer Solar GmBH. Frazer Solar, which began legal action against the southern African nation in 2019 after what it said were a series of contractual breaches, won an arbitration proceeding in South […]
