Project developers have signed a 20-year power purchase agreement (PPA) with Malawian national utility Electricity Supply Corporation of Malawi Limited (ESCOM) for a 60MW(AC) solar plant.
8minutenergy Renewables has entered into a definitive agreement to sell the equity interests of the 121MW Springbok 3 Solar Farm in Kern County, California to Capital Dynamics, an independent global private asset management firm.
US government development finance institution Overseas Private Investment Corporation (OPIC) has committed US$25 million in financing to a fund managed by off-grid solar firm SunFunder, which will provide loans to companies developing off-grid solar products and solutions for Sub-Saharan Africa and Asia.
Norwegian state-owned electricity company Statkraft plans to reach 2GW of solar by 2025, as part of a NOK1 billion (US$1.2 billion) investment in renewable energy.
UK-based off-grid renewables specialist BBOXX and GE have signed off on a partnership to provide energy access for small businesses, schools and other organisations in Goma, Democratic Republic of Congo (DRC).
A new organisation aimed at representing the entire PV manufacturing value chain in Europe, from materials and module manufacturers to equipment providers and institutions, is being planned for launch in 2019.
India-based module manfacturer Vikram Solar has shipped 52.6MW of solar modules to South Carolina-based developer Southern Current for a ground-mount project in the US.
The International Finance Corporation (IFC) has signed an agreement with the government of Afghanistan to design and tender a 40MW solar plant that will set a new model for subsequent projects and support the country’s 2GW of PV goal.
