The rise of energy storage will enjoy a similarly meteoric trajectory to that enjoyed by solar PV deployment in the past and could reach 305GWh of installations by 2030, BNEF has predicted.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
Jordan has officially switched on the largest PV project ever to be developed in a refugee camp, with Reuters reporting that the 12.9MW project will provide renewable energy to nearly 80,000 Syrians.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger than expected third quarter financial results while revenue of US$1.77 billion to US$1.81 billion for the final quarter of the year.