US, South Africa Near $2B Clean-Energy Deal

export-import bank, u.s. solar manufacturing

One thing heads of state and diplomats like to do on trips abroad is announce agreements, and it looks like the one U.S. Secretary of State Hillary Clinton will tout in South Africa on Tuesday could be a big boost to U.S. clean energy companies.

U.S. Export-Import Bank President Fred Hochberg said on Monday that the countries would sign a deal “for $2 billion for renewable energy exports from the U.S. to South Africa.”

Subscribe to our Newsletter!

Stay up to date with the latest news and relevant updates from us.