Genex Power has announced that the Northern Australia Infrastructure Facility (NAIF) Board has supported a financing structure for Genex’ Kidston State 2 Project through the provision of an indicative term sheet for a long-term concession debt facility of up to US$382 million.
Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).
Increasingly, solar energy and behind-the-meter battery storage assets are being deployed on an ‘as-a-service’ basis and system integrator Younicos has decided to replicate the strategy for microgrids.
UK-based off-grid clean energy specialist BBOXX is partnering on projects in southern Africa with DC Go, a provider of affordable off-grid electrification.
Increasingly, solar energy and behind-the-meter battery storage assets are being deployed on an ‘as-a-service’ basis and system integrator Younicos has decided to replicate the strategy for microgrids.
Independent French power producer Akuo Energy has commissioned three PV-plus-storage microgrid projects that will provide power to the villages of Merabu, Long Beliu and Teluk Sumbang in Indonesia.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has teamed with Solare Datensysteme in Europe to provide a complete energy storage system for residential and commercial markets.
An Indian clean energy firm hopes to bring down the cost of lithium-ion cell manufacturing below INR15,000 (US$222) / kWh and create batteries for rooftop solar with a 25-year lifespan, by setting up a manufacturing facility in the southern state of Tamil Nadu.
UK-based off-grid renewables specialist BBOXX has signed a deal with the Government of the Democratic Republic of Congo (DRC) to bring clean power to 2.5 million citizens across the African country by 2020, via off-grid solar kits and mini-grids.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and energy storage.
