A consortium of three companies — US PV developer SolarReserve, financial services company Kensani Group and South African renewables developer Intikon — has closed a financial deal worth R5.15 billion (US$586 million) to fund the development of two 75MW PV plants in South Africa.
French CPV manufacturer Soitec has signed a power purchase agreement (PPA) with South Africa’s public utility Eskom for its planned 44MWp Touwsrivier power plant.
Algerian state-owned utility Sonelgaz is planning to build 4.2GW of renewable energy capacity by 2022 in a move designed to meet future domestic demand and establish an export market for electricity.
Following yesterday’s announcement of Siemen’s exit of the solar business, the company has confirmed that it will pull out of the Desertec Industrial Initiative (Dii) when its membership expires at the end of the year.
Dubai has started laying down a framework to integrate its solar power as the emirate launches a bid to boost its renewable energy capacity through rooftop solar power sources.
The Development Bank of Southern Africa (DBSA) has approved loan facilities worth R9,668.50 billion (US$980 million) earmarked for 13 solar projects in South Africa. Combined, the projects have a total capacity of 762.6MW.
Flexopower Energies a South Africa based system integrator is using PV modules from ET Solar and a range of rooftop projects in the country. The projects include both residential and commercial rooftops which are expected to be completed this quarter.
Efforts by the Chinese government to provide support to its struggling PV manufacturing sector have surfaced in Kenya, Africa, in the form of a government-approved business. Known for its municipal public works, Jiangxi Corporation for International Economic & Technical Co, Ltd. (CJIC), is planning to build a 50MW solar power project near the country’s northwest-located city of Garissa.
