Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
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.
The Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) has set a new world record conversion efficiency for a copper indium gallium diselenide (CIGS) lab-sized solar cell, verified by Fraunhofer ISE of 22.6%.
A new study by the International Renewable Energy Agency (IRENA) highlights the continued need to focus on balance of system (BOS) cost reductions for solar PV power plants to continue to expand as a key global renewable energy source.
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.
German storage manufacturer Tesvolt has been awarded a project to power water pumps in Rwanda with 2.68MWh of battery storage linked to a utility-scale solar system.
Clean energy developer ET Energy announced that it has founded a new South African subsidiary — ET Solutions South Africa Pty Ltd., which will offer engineering, procurement and construction (EPC) services, along with operations and maintenance (O&M) for large-scale solar power plants.
