Earlier this year, the African Development Bank announced plans to facilitate 10GW of solar across the barren, semi-arid Sahel region of Sub-Saharan Africa. PV Tech investigated how increasing human pressure on the land and the widespread cutting down of trees for wood and charcoal for fuel can be alleviated by solar PV technology.
French floating solar specialist Ciel & Terre is planning to further develop its floating solar platform systems to withstand more extreme conditions through a collaboration with Principia, a company that has a technical background in the offshore renewable energy industry.
8minutenergy Renewables, J.P. Morgan Asset Management and an affiliate of Upper Bay Infrastructure Partner have entered into a joint venture that will provide equity capital for 8minutenergy’s 10.7GW portfolio of utility PV and storage projects.
The Asian Development Bank (ADB) will invest THB5 billion (US$155 million) in Thai firm B.Grimm Power's maiden 5-year and 7-year green bonds – the first certified climate bonds to be issued in Thailand – in order to finance renewable energy projects in the Southeast Asian country.
Silicon Module Super League (SMSL) member JinkoSolar has supplied 132MW of PV modules to Swinerton Renewable Energy (SRE) for the construction of the Techren Solar 1 Project in Boulder City, Nevada.
Substantial flows of investment into renewables have brought about significant
reductions in the cost of delivered energy, while simultaneously increasing the penetration
of renewables in most markets. These developments herald the rise of Renewables ‘2.0’, a
post-subsidy world for investment in renewable energy. Duncan Ritchie and Kornelia Stycz of
Apricum explore the opportunities in corporate PPAs and hybrid renewable energy systems in the
context of the Renewables 2.0 energy transition
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to purchase power from 1GW of solar PV capacity, with certain projects under construction, not yet commissioned or that don't have a long-term PPA also eligible.
Zimbabwean mining firm RioZim has contracted Spanish-Japanese renewable energy company Univergy International and power firm RioEnergy to develop, build, operate and maintain four solar PV plants totalling more than 180MW capacity to supply cheaper power to four of the country's largest mines, according to a filing on the Zimbabwe Stock Exchange (ZSE).
