Generating capacity from solar projects in developing economies reached 325GW in 2019, with China and India the biggest emerging markets for clean energy investment, according to new findings from BloombergNEF.
Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.
California-headquartered minigrid company Powerhive, scheduled to attend Solar & Off-grid Renewables Africa in Tanzania next week, is the first private company registered as a utility in Kenya. Andy Colthorpe spoke with Daniel Porras, vice president for impact and communications and a member of the executive team.
The World Bank announced last week that its Board of Executive Directors approved the Second Energy Sector Project, which will help strengthen Mongolia’s electric grid and develop a 10MW installation within the country.