The African Development Bank (AfDB) has approved US$50 million of framework financing for small-scale renewable energy projects in Zambia, after recent droughts caused a serious electricity supply deficit due to the country’s heavy reliance on hydropower.
After successful trials, the Veolia Foundation, an arm of French waste management giant Veolia that financially backs non-profit, community-oriented projects, has decided to expand its decentralised solar electrification plans in northern Madagascar to create 1,000 nano-grids and 100 nano-entrepreneurs by the end of the year.
Developer and investor Distributed Sun (DSUN) and wind turbine firm Emergya Wind Technologies (EWT) have sold off 75MW of community solar projects they were co-developing in New York.
A number of international initiatives have helped large-scale solar gain a foothold in Africa. The question now is how the market for this segment will develop beyond these programmes and how much capacity grids will be able to support.
India's DGAD has set an oral hearing date for its anti-dumping investigation into imports of EVA encapsulant material for solar modules from China, Malaysia, South Korea, Thailand and Saudi Arabia. DGTR has also published a list of organisations that submitted rejoinders in the recent oral hearing regarding safeguard duty on imports of solar cells and modules
juwi Shizen bags EPC order for 42MW Japan solar plant, Financiers plan renewables for 9,300 Solomon Islanders, World Bank to provide US$250 million loan for electricity distribution sector reforms in Rajasthan, India.
Sonnedix Japan has reached financial close on a JPY16.5 billion (US$149 million) non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6MW Sano solar PV plant in the Tochigi prefecture, Japan.
The Asian Development Bank (ADB) is providing a US$20 million loan and a US$25.44 million grant to support off-grid solar PV pumping for agricultural irrigation in Bangladesh, to replace expensive diesel-based systems.
