Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.
PV hybrid costs of US$0.20/kWh by 2030 would help install enough mini-grids to power half a billion people and close energy access gaps, says new report.
UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.
Utility turns to Quinbrook, Arevia, 8minute, EDF to deploy 1.2GW of PV and 590MW of batteries across three projects, with plans to bring all online by 2023.
Parent Creadev, existing backer Proparco and the EBRD to fund €283m of total capital increase, launched by firm to push PV, wind portfolio from current 1GW.
