South African utility Eskom is defying the injunction of president Jacob Zuma by attempting to negotiate tariffs with preferred bidders as opposed to signing existing PPAs outright, according to the South African Renewable Energy Council (SAREC).
Power Africa, the USAID-funded energy initiative created under the Obama administration, has announced plans to invest US$1 billion in Nigeria’s energy sector, according to programme co-ordinator Andrew Herscowitz.
In partnership with Ghana’s Climate Innovation Centre, Solar Media’s Clean Energy West Africa will host the first incubator workshop in April for start-ups.
News in brief: Enel Green Power provides PV modules to power a new surgery in a Ugandan hospital, California's LA Solar Group announces new rooftop solar programme, Borrego Solar completes a new commercial PV system in San Diego, California and Hannon Armstrong secures a new US$144 million investment for more than 690MW worth of new solar projects, and more.
Eskom is conditionally committing to follow through with South African president Jacob Zuma’s announcement that the utility will indeed sign the remaining PPAs under the government’s renewable procurement programme (REIPPPP).
Jacob Zuma, the South African president, announced on Thursday that the country’s biggest utility Eskom will indeed sign the outstanding PPAs won in the fourth round of the successful Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Oriental Renewable Solutions, a subsidiary of the Oriental Group has formed a 50:50 equity partnership with GreenWish Partners to co-develop a 50MW solar PV project in Jigawa State, Nigeria.
This week's Movers & Shakers segment features a company rebrand, a global expansion for India's Adani and good news for US solar, which has experienced 25% jobs growth year-on-year.
Doubt has been cast on the International Finance Corporation’s (IFC) ‘Scaling Solar’ programme after a panel of investors revealed it could be fostering a race to the bottom for unrealistic tariffs, diverting focus from essential bankability.
