Off-grid solar specialist Sun King has raised US$260 million in a Series D funding round aimed to expand global access to affordable solar energy across Africa and Asia.
As the world leans on solar PV to decarbonise its power supply, so to must the solar industry clean up its act. Jules Scully charts the industry-wide efforts for a greener solar PV industry.
The sixth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) has opened for interested parties.
Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however time is running out to realise that shift and limit global warming.
Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.
Ahead of a special webinar held next month, Finlay Colville, head of market research at PV Tech, discusses the key trends affecting the PV industry today, from technology leadership, value chain scale and overall financial health of today’s manufacturers.
African energy company Chariot and French renewables developer Total Eren have again teamed up to develop a solar PV project that will be used to offset emissions from mining operations in southern Africa.
The drive to electrify Sub-Saharan Africa will require US$350 billion of investment and could reveal an alternative vision for the energy transition that focuses on a decentralised, bottom-up solar-and-storage rich grid that takes advantage of cheap solar power, according to research firm Wood Mackenzie.
