New review finds renewables capacity investment in 2018 outstripped funding to new fossil fuels three-fold, with solar dominating roll-out charts.
Funding package of US$150m will finance solar and onshore wind projects that will generate 1,900 jobs.
Distribution networks and awareness campaigns help spur US$259m-a-year market of off-grid PV lighting, making a leader of a country where only 13% enjoy grid access.
Espejo de Tarapacá project is meant to plug support gap for Chilean energy storage by pairing up 300MW system with 561MW PV plant in Atacama.
Development financier and aid agency to invest heavily in clean energy projects, energy efficiency and power sector reform in the region.
Dutch financier FMO buys 40% stake of FiT-backed, €35 million Kamianka project, scheduled for commercial launch in Q4 2019.
Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.
Turkish EPC 77 Group secures loans from ADB, CFPS II for project it will build in Kandahar through public-private partnership.
Mineral recycling and renewable-powered mines will be backed through US$50m scheme to offset environmental impacts of race for lithium and others.
World Bank’s IFC mulling request by energy giant for US$395m facility to deploy four plants at various development stages, with a fifth under consideration.
Loan to help FinLux Ellen Sarl allocate kits and appliances to schools, hospitals, businesses and households.
President Lungu cuts red ribbon of 54MW Bangwelulu project, the first to be tendered, financed and built under the World Bank’s Scaling Solar programme.
Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.
Concessional loans of US$185 million to help build first 50MW of PV project and create privately-funded facility providing credits to PV developers.
Firms to invest in utility-scale projects alongside India’s NIIF through CDC-owned platform that is currently constructing 500MW worth of solar.