Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.
The International Finance Corporation (IFC) and FMO, the Dutch development bank have invested a collective €14.62 million (US$15.52 million) in Mobisol, a German pay-as-you-go (PAYG) solar service company, in order to deliver renewable energy solutions to off-grid communities in East Africa.
The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.
Saudi Arabia has reiterated its commitment to working towards mitigating the effects of global climate change at the 22nd UN Climate Change Conference in Marrakech.
Leading pay-as-you-go (PAYG) solar provider PEG Africa has raised US$1.5 million in debt financing that will provide for enough solar home systems for 75,000 residents in Ghana.
Phoenix Solar joins Singapore-based floating PV testers, GIPCL issues LoIs to Vikram Solar over 80MW in Gujarat, Brazil solar industry needs BRL6 billion after December auction, Altus Power starts 6.2MW solar plant construction in Hawaii,
State-owned PV manufacturer HT-SAAE is pursuing the government’s ‘One Belt, One Road’ industrial strategy as it looks to diversify the geographic spread of its end customers.
