The small island nation of Palau in the western Pacific Ocean has moved a step closer to having what is said to be the largest ever microgrid spanning diesel, solar and battery energy storage.
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.
The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
Maharashtra State Power Generation Company (Mahagenco) has called for an expression of interest (EoI) for setting up 10MW of agricultural solar PV, involving the creation of green house and poly house sheds.
Swiss-headquartered firm Meeco has signed a cooperation agreement with Malagasy company Groupe Filatex to build solar projects in Madagascar, starting with two large-scale projects of 7MW and 8MW capacity and one hybrid solar-diesel project comprising of two 500kW parts.
Solar Para Sa Bayan to bring solar mini-grids to 200,000 Filipinos, Banks launch US$58 million Off-Grid Energy Access Fund, Power for All launches open platform to address ‘information use gap’ on energy access.
The firm is offering solar modules, inverters, solar street and garden lights, solar lanterns and bags among other products.
The Nigerian Agricultural Bank, the Bank of Agriculture and electricity supplier Daystar Power have signed off on a cooperation deal for rural electrification in Nigeria.
Vast potential in India for solar-powered irrigation says think-tank, SECI extends deadline for 5GW manufacturing tender, NTPC tenders for 900kW rooftop solar project at Assam thermal plant.
Kazang Solar, the distribution partner of UK-headquartered off-grid solar specialist Azuri Technologies in Zambia, has been awarded US$1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide home lighting products to more than 7,000 off-grid customers in rural Zambia.
France-based floating solar specialist Ciel & Terre has launched a new subsidiary in the Indian city of Bangalore, a new manufacturing line in Maharashtra, and is set to deliver floats to its first 5MW project in West Bengal.
ENGIE has signed an agreement with Gabonese financial institution, Caisse des Dépôts et Consignations (CDC), to deploy eight hybrid solar plants in Gabon, with a combined capacity of 2.2MW.
Zola Energy, one of two US-headquartered providers of off-grid solar-plus-storage solutions to the African continent profiled in Energy-Storage.news’ recent Global Storage Opportunity 2018 report, has obtained US$20 million debt financing.
Germany-based renewables firm IBC Solar has equipped two industrial companies in Lebanon with solar systems.
SolarHome, an off-grid solar firm focused on Southeast Asia, has raised US$5 million to date, having recently closed a US$1 million convertible note offering with impact venture capital firm Insitor Impact Asia Fund.
