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US signs MoI towards 5GW Mega Solar project in Botswana and Namibia

The US government has signed a Memorandum of Intent (MoI) with regards to a plan to build a solar power project of up to 5GW in Botswana and Namibia known as Mega Solar. The US is expected to cooperate with the two nations, the African Development Bank (AfDB), the International Bank for Reconstruction and Development (IBRD), and the International Finance Corporation (IFC) towards the realization if the mega project. 5GW Solar project in Botswana and Namibia According to US Ambassador Lisa Johnson, when fully realized, Mega Solar could be one of the largest solar parks in the world, generating 3,000 – 5,000MW of energy. “This could transform Namibia and Botswana into two of the globe’s most significant producers of solar power, enough to begin exporting renewable energy to the southern Africa region. Beyond the economic potential, Mega Solar will help decarbonize southern Africa and will make a significant contribution to global efforts on climate change,” she said.

MGM Resorts International (MGM) Q1 2021 Earnings Call Transcript

MGM Resorts International (MGM) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. MGM Resorts International (NYSE: MGM) Q1 2021 Earnings Call Good afternoon, and welcome to the MGM Resorts International first-quarter 2021 earnings conference call. Joining the call from the company today are Bill Hornbuckle, chief executive officer and president; Corey Sanders, chief operating officer; Jonathan Halkyard, chief financial officer; Hubert Wang, president and chief operating officer of MGM China; and Jim Freeman, senior vice president of capital markets and strategy. [Operator instructions] Please note, this conference is being recorded. Now I would like to turn the call over to Jim Freeman.

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U S, Namibia, and Botswana advance clean energy through Mega Solar

14 views Namibia Economist The U.S. President Joe Biden recently hosted a virtual Leaders Summit on Climate to catalyze global ambition to address the climate crisis. The summit convened world leaders to galvanize efforts to keep the vital goal of limiting warming to 1.5 degrees Celsius within reach. The Biden-Harris Administration selected the Mega Solar Project as an outcome of the Summit. Mega Solar is a partnership between the governments of Namibia and Botswana, and others, which is expected to generate up to five gigawatts of solar power and to avoid an estimated 6.5 million tons of CO2 annually the equivalent of taking almost 1.5 million cars off the road.

The United States, Namibia, and Botswana Advance a Clean Energy Future in Southern Africa through Mega Solar

Home | News & Events | The United States, Namibia, and Botswana Advance a Clean Energy Future in Southern Africa through “Mega Solar” All partners in the Mega Solar project signed a memorandum of intent this month. Ambassador Lisa Johnson joined Minister of Mines and Energy Tomas Alweendo to commemorate Namibia’s signing. Windhoek – On April 22-23, President Biden hosted a virtual Leaders Summit on Climate to catalyze global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to keep the vital goal of limiting warming to 1.5 degrees Celsius within reach. The Biden-Harris Administration selected the Mega Solar Project as an outcome of the Summit.

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