Project developers have signed a 20-year power purchase agreement (PPA) with Malawian national utility Electricity Supply Corporation of Malawi Limited (ESCOM) for a 60MW(AC) solar plant.
US government development finance institution Overseas Private Investment Corporation (OPIC) has committed US$25 million in financing to a fund managed by off-grid solar firm SunFunder, which will provide loans to companies developing off-grid solar products and solutions for Sub-Saharan Africa and Asia.
Swiss-headquartered firm Meeco has signed a cooperation agreement with Malagasy company Groupe Filatex to build solar projects in Madagascar, starting with two large-scale projects of 7MW and 8MW capacity and one hybrid solar-diesel project comprising of two 500kW parts.
Tata installs solar system at Mumbai cricket stadium, Azuri and Unilever partner in Kenya to offer pay-as-you-go solar home lighting, BayWa r.e opens renewable energy control centre to support Asia Pacific
Just a few months after Mozambique’s first ever large-scale PV project reached financial close and construction work began, the US Trade and Development Agency (USTDA) has awarded a grant to pay for a feasibility study for a new project of up to 100MW capacity.
Silicon Module Super League member (SMSL) Canadian Solar has established a joint venture with Chinese firm ET Energy to perform EPC services and supply modules to 132MW of solar projects in South Africa for Africa-based IPP BioTherm Energy.
Solar Para Sa Bayan to bring solar mini-grids to 200,000 Filipinos, Banks launch US$58 million Off-Grid Energy Access Fund, Power for All launches open platform to address ‘information use gap’ on energy access.
The Nigerian Agricultural Bank, the Bank of Agriculture and electricity supplier Daystar Power have signed off on a cooperation deal for rural electrification in Nigeria.
Fund manager African Infrastructure Investment Managers (AIIM) has acquired majority stakes in nine new solar and wind power plants in South Africa, totaling 800MW.
