UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.
The Nigerian Agricultural Bank, the Bank of Agriculture and electricity supplier Daystar Power have signed off on a cooperation deal for rural electrification in Nigeria.
NTPC's 750MW auction draws winning price of 2.72 rupees, Rays Power Infra completes 130MW of open access solar plants in Karnataka, AfDB approves US$1.5 million for Nigerian solar procurement program
South African court rejects bid to block US$4.7 billion renewable energy deals, Canadian Solar acquires a 97.6MW solar project in Argentina, Nigerian Renewables association decries solar import duty.
Inspired Evolution has signed off on a deal to invest up to US$36 million in Alten RE Developments Africa, the Sub-Saharan African subsidiary of Alten Energías Renovables.
African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and industrial clients.