GCF backs US$537m scheme to lower credit barriers for solar (280MW) and wind (50MW) IPPs in African country, in year when Eskom’s woes have cast doubts over state-offtaker route.
Caledonia group mulls solar PV plant as Zimbabwe's unprecedented power crisis triggers a slowdown in the broader mining sector, with three other players allegedly bankrolling the state utility's emergency purchase of international power.
Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.
The New Development Bank (NDB) and South African utility Eskom have signed off on a loan agreement for renewable energy Integration and a transmission augmentation project. As part of the deal, the NDB will provide a loan with sovereign guarantee to Eskom for a total of US$180 million.
Developer hired by Orion Minerals to examine the viability of building 35MW hybrid plant to power neighbouring zinc-copper site in country’s semi-arid northwest.