Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.
145MW project planned on a West Java reservoir is the UAE energy giant's first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.
PV reaps lion's share of seventh funding round of IRENA/ADFD's project facility, set to back solar ventures in Africa and the Caribbean totalling at least 42.5MW.
ACWA Power has penned two long-term power purchase agreements (PPAs) with Ethiopia’s state-owned Ethiopian Electric Power for 250MWac of solar in the nation.
Cecilia Keating concludes PV Tech’s end-of-year review, with a look back at Q4 2019's highlights, where bifacial modules narrowly missed being added to President Trump's broader suite of solar tariffs, free-market solar swept Europe, the world's climate priorities were put under the microscope at COP25, and sub-Saharan Africa wrestled with major energy crises.
The funding will support technical feasibility, environmental and social impact studies and financial advisory for a 9MW solar-hydro plant duo being developed by Songa Energy and private investment firm Virunga Power.
Leading PV industry association says 2GW of small-scale generation could be installed over a 12 month period as a much-needed supply source amidst national power crisis.
