Market research firm, IHS has significantly lowered its PV demand forecast for Saudi Arabia in response to the country pushing back its renewable energy plans by eight years in the wake of plummeting oil prices.
Global PV developer, Solarcentury, is formalising its growing operation in East Africa by joining forces with Kenyan firm, East African Solar, to form Solarcentury in East Africa.
Officials in Dubai have doubled the size of a proposed PV plant to 200MW, after receiving what is thought to be the lowest ever per kWh bid for its construction.
Power project developer Access Power and renewable energy company EREN have launched Access Infra Africa — a company that will invest in the development of power projects in Africa.
South Africa’s government has confirmed that successful bidders under the fourth round of its renewable energy programme will not be announced until the New Year.
The completion of South Africa’s latest utility PV power plant has coincided with new figures showing an “exponential” rise in the contribution solar is now making to the country’s grid.
The African Development Bank Group (AfDB) has approved two loans, totaling €176 million (US$216 million) for the second phase of the Ouarzazate solar project in Morocco.
