Africa & Middle East

Tumbling module prices will help PV attain US$0.048/kWh costs in 2020 and outcompete 700GW of global coal, with India and Italy as the G20’s cheapest.

Pre-selected names including Scatec Solar and Masdar have three months to finalise bids for world’s reported first saltwater floating PV scheme.

Projects were originally to be joint ventures with the government.

Renewable agency MASEN picks consortium for ~US$2.3bn project combining PV, storage and CSP in bid to benefit from ‘spectacular’ PV cost declines.

BBOXX has secured a US$8 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF) that will see the company accelerate its roll-out of solar home systems across Rwanda, its largest market.

Monkey Bay Solar project will feature HDPE-based ‘islands’ anchored via underwater cabling some 250 metres off Lake Malawi’s shores, firm tells PV Tech

Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.

Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.

Majid Al Futtaim, Shopping mall, communities and retail company with holdings across the Middle East, Africa and Asia, has signed off on a deal with Yellow Door Energy to bring PV power to Carrefour stores in Jordan.

Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.