Organised by Fraunhofer CSE in partnership with Royal DSM and Greentown Labs, the SunRISE TechBridge Challenge II had selected four early-stage companies from 56 applications to be given support in bringing their technology to market faster.
The Moroccan Agency for Solar Energy (MASEN) has shortlisted five consortia to take part in the bidding for the first phase of the Noor Midelt solar power complex, which includes hybrid solar PV and concentrated solar power (CSP) plants.
Mumbai, Maharashtra-based engineering firm has won both the EPC and O&M contract for the world’s single largest solar PV plant – the 1,177MW Noor Abu Dhabi plant in Sweihan.
EDF Group announced Wednesday that financing for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has officially been completed.
Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.
The International Finance Corporation, a member of the World Bank Group, announced Wednesday that it will provide a financial package of US$55 million to build Mozambique’s first utility-scale PV project.
