Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.
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.
Firm marks commercial launch of PPA-backed 40MW Mocuba, developed alongside private equity backer and touted as country’s first large-scale PV plant.
World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.
Uzbekistan joins the Scaling Solar programme, FTC Solar extends its order book in Vietnam plus finance news from Singapore and Vietnam.
Development duo share plans for US$41m of debt to back 55MW project in Gegharkunik province, to be built by Dutch-Spanish consortium.
Turkish EPC 77 Group secures loans from ADB, CFPS II for project it will build in Kandahar through public-private partnership.
Ethiopia’s PPP-DG has decided to scale up Round 2 of its Scaling Solar programme from four to six PV projects.
EETC wants to progress Egypt's renewable energy programme through auction-based procurement, with advice from the IFC.
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.
African country kickstarts the second round of its World Bank-led PV programme, while first 250MWac tender approaches final proposal stage.
Ethiopia has issued Request for Proposals (RFP) as part of its 250MWac Scaling Solar tender, asking the 12 pre-qualified bidders to submit their final proposals before the end of June.
Uzbekistan's first competitive tender for 100MW of solar PV in Navoi region has received 23 submissions from international companies.
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.
Homeowners across Afghanistan are set to benefit from the country's first pay-as-you-go (PAYG) home solar systems combined with energy storage batteries, being delivered in a pioneering new programme led by the IFC and d.Light.