Africa

EIB to back developer's 150MW pipeline across Africa, Swedish energy group eyes €500m raise, IRENA scheme seeks to standardise.

Funding of US$47 million will back the installation of stoves and others for over a million people in Kenya’s remote, electricity-deprived communities.

Results-Based Financing (RBF) mechanism for donors the key to providing rural clean energy access in Africa.

Greek firm is also working on hybrid projects in Tunisia and Nigeria.

Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.

Pre-selected names including Scatec Solar and Masdar have three months to finalise bids for world’s reported first saltwater floating PV scheme.

Projects were originally to be joint ventures with the government.

Renewable agency MASEN picks consortium for ~US$2.3bn project combining PV, storage and CSP in bid to benefit from ‘spectacular’ PV cost declines.

Monkey Bay Solar project will feature HDPE-based ‘islands’ anchored via underwater cabling some 250 metres off Lake Malawi’s shores, firm tells PV Tech

Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.