South African utility Eskom and German Development Bank KfW have signed a US$100 million (~R1.35 billion) loan facility that will go towards improving the transmission network to support grid integration of renewable energy projects after 27 power purchase agreements (PPAs) were signed in April.
A veteran of Kenya’s renewable energy industry has argued strongly in favour of lead acid batteries over lithium-ion, in response to a recent Energy-Storage.news article on off-grid solar PV in Africa.
Dubai-based industrial conglomerate Al Shirawi Group has formed a joint venture with German firm Gildemeister Energy Solutions GmbH for utility-scale solar solutions in the UAE.
Wallace Cosgrow, Seychelles’ Minister of Environment, Energy and Climate Change, has launched a tender for the right to develop, finance, own and operate a 4MW floating PV project in le Rocher Lagoon, Mahé.
The Enel Group and Zambia’s Industrial Development Corporation (IDC) signed off on a financing agreement for around US$34 million for the construction of the 34MW Ngonye solar plant in Zambia.
Not-for-profit association Global Solar Alliance has signed an agreement with the International Solar Alliance (ISA), an India-led venture hoping to spur investment in solar across developing countries, to promote solar worldwide.
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).
