Development finance duo sponsor US$154m scheme to support government of drought-stricken African nation as it deploys 100MW green energy pipeline with the help of feed-in tariffs.
The African Development Bank Board has approved US$20 million in loans to the Democratic Republic of Congo, to support renewable energy mini-grids of 3-10MW capacity at three cities that are currently off-grid.
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.
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.
Cleantech to build 4.5MW rooftop solar project for Singaporean semiconductor manufacturer, Voltalia opens Cairo office, AfDB providing €18 million funding for Burkina Faso energy sector reform
The African Development Bank (AfDB) has approved US$50 million of framework financing for small-scale renewable energy projects in Zambia, after recent droughts caused a serious electricity supply deficit due to the country’s heavy reliance on hydropower.
A number of international initiatives have helped large-scale solar gain a foothold in Africa. The question now is how the market for this segment will develop beyond these programmes and how much capacity grids will be able to support.
Wallace Cosgrow, Seychelles’ Minister of Environment, Energy and Climate Change, has launched a tender for the right to develop, finance, own and operate a 4MW floating PV project in le Rocher Lagoon, Mahé.
The Green Climate Fund, the African Development Bank (ADfB) and Africa50 investment fund are to collaborate on bringing solar energy to the Sahel region in the wake of ADfB launching its 10GW plan.
