Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.
German storage manufacturer Tesvolt has been awarded a project to power water pumps in Rwanda with 2.68MWh of battery storage linked to a utility-scale solar system.
Clean energy developer ET Energy announced that it has founded a new South African subsidiary — ET Solutions South Africa Pty Ltd., which will offer engineering, procurement and construction (EPC) services, along with operations and maintenance (O&M) for large-scale solar power plants.
Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
Saudi Arabia-based PV module cleaning technology start-up NOMADD (NO-water Mechanical Automated Dusting Device) has secured US$1 million in funding from the KAUST (King Abdullah University of Science and Technology) Innovation Fund.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in April, 2016, revealed nearly 9GW of planned future expansions of thin-film modules, solar cells and module assembly production, up from over 7.3GW in the previous month and the third consecutive monthly increase.
