Proventus providing €80 million credit facility to Better Energy, ADFD approves US$10M for rural electrification project in Burkina Faso, SolarHome raises US$ 1 million from Trirec.
ADB offers US$100m for renewables in Pacific Islands, PetroSolar connects 20MW Filipino plant to Luzon grid, University of Queensland starts building 64MW solar farm, Technique Solaire bags financing for 47MW France portfolio.
Sale plans by financial owner follows years of meteoric growth of firm owning 500MW PV portfolio for businesses in India, Middle East and South East Asia.
Competitive tenders, better investment conditions and removing market distortions would enable solar to meet its potential, says developer speaking anonymously.
French energy giant teams up with a Myanmar-focused off-grid energy specialist to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage.