Proventus providing €80 million credit facility to Better Energy, ADFD approves US$10M for rural electrification project in Burkina Faso, SolarHome raises US$ 1 million from Trirec.
According to China’s National Renewable Energy Center (NREC), PV installations in the first quarter of 2019, declined by 46%, year-on-year to only 5.2GW.
PV industry says annual 400MW could be added as new rules push country to an era of untaxed, remunerated self-consumption and legal shared arrangements.
The African Development Bank Board has approved US$20 million in loans to the Democratic Republic of Congo, to support renewable energy mini-grids of 3-10MW capacity at three cities that are currently off-grid.
Solarcentury has commissioned two solar-storage-diesel mini-grids in rural communities in Eritrea that are far away from the grid and have relied purely on diesel power until now.