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.
Solar PV installations are expected to surpass 60GW worldwide in 2016, up from the 50.6GW deployed last year, according to the latest figures from SolarPower Europe.
DNV GL is seeking comment and input from stakeholders in the energy storage industry on an update to its GRIDSTOR guidelines for grid-connected storage systems.
A tender for a 200MW BOO (build-own-operate) PV plant project in Egypt has had its deadline extended by six months, in a move that the Middle East Solar Industries Association (MESIA) has said was “widely expected”.
SolarEdge and SMA’s launches of inverters compatible with Tesla’s Powerwall and LG Chem’s new range mark a “growing trend” towards higher voltage batteries for residential PV systems, an IHS analyst has said.
Global shipments of PV inverters will reach 90GW by 2020, valuing at more than US$7.1 billion, according to GTM Research’s latest report, 'The Global PV Inverter and MLPE Landscape 2016'. This represents an average annual growth rate of 11% between 2016 and the end of the decade.
Italian renewable energy firm TerniEnergia continues to strengthen its position in the African PV market with its latest 34MW EPC and O&M contract in Zambia.
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.
