Babatunde Fashola, Nigeria’s Minister of Power Works and Housing, has signed off on two put/call option agreements (PCOA) with solar developers Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited.
The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
ET Solutions AG, a subsidiary of clean energy developer ET Energy, announced that it has started construction on a 19MW solar power project in Turkey for PV module provider Astronergy.
Global clean energy investment in the first quarter of 2017 was down 17% compared to Q1 2016, as market leaders China and the US scaled back support for wind and solar farms.
South African utility has failed to meet the deadline imposed by the country’s previous minister of energy for the financial close of outstanding PPAs under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
The Renewable Energy Project Development Office (REPDO), of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources, announced Monday that it has tabbed a number of companies for the first round of the National Renewable Energy Program (NREP).
German PV inverter manufacturer KACO new energy said it expected shipment volumes in 2017 to reach almost 2.5GW after booking 600MW in the first quarter.
China-based PV energy provider (PVEP) United Photovoltaics Group said it would be changing its name in response to its direct involvement with the United Nations Development Programme (UNDP) designed to promote both youth engagement and sustainable development and build PV power plant in the shape of a Panda.