The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.
French energy giant Total is making good on its promise to become one of the top players in renewable power within 20 years by continuing its foray into the clean energy sector by acquiring Lampiris, Belgium’s third-largest natural gas and renewable power vendor for the residential sector.
Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
The power capacity of global installed front of the meter energy storage is expected to reach 21.6GW in 2025, according to a new report by Navigant Research, with one of the firm's analysts calling this exponential growth prediction "dramatic", but also realistic.
Apple plans to sell excess electricity generated by solar panels on the roof of its new Cupertino, California HQ in efforts to trade on the energy market.
A 333MW PV plant is apparently set to be constructed by local PV company Andaltia in Lorca, Spain, requiring an investment of €400 million (US$454 million), according to the town's official website and local news outlets.
The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.
The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.
