Canadian energy company Nova Scotia Power Development Limited (NSPDL) has partnered with CDIL, a fellow Canadian renewable energy company with projects focused in Africa, for an 80MW ground-mount solar project in Nigeria.
A significant decline in the cost of PV modules and project construction, as well as a shift from small-scale projects to cheaper capex utility-scale projects, is a main driver for an clean energy investment slowdown in 2016, says Bloomberg News Energy Finance (BNEF).
Federal government-owned public liability, the Nigerian Bulk Electricity Trading (NBET), has signed the country’s first ever solar power purchase agreement (PPA) with more than ten project developers, totalling 975MW of utility-scale solar.
Developers including Italy’s Enel Green Power and Saudi Arabia’s ACWA Power and Abdul Latif Jameel (ALJ) have pulled out of the running for the upcoming 350MW solar tender in Abu Dhabi.
DuPont, an industry leader in high-performance materials for photovoltaic panels, shares Bill of Materials (BoM) specification recommendations based on extensive field observations and laboratory testing.
The latest report from the Climate Bonds Initiative (CBI), an investor-focused non-profit organisation, found that of the US$694 billion of climate bonds outstanding in 2016, energy accounted for 19% at US$130 billion, exemplifying a push in investment for renewable energy projects.
A panel of development finance institutions and project developers at the annual Africa Energy Forum on Friday discussed how they are shaping the continent’s emerging energy sector; in taking on the risk that commercial capital typically will not.
