Earlier this year, the African Development Bank announced plans to facilitate 10GW of solar across the barren, semi-arid Sahel region of Sub-Saharan Africa. PV Tech investigated how increasing human pressure on the land and the widespread cutting down of trees for wood and charcoal for fuel can be alleviated by solar PV technology.
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.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).