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.
EDF signs PPA for 60MW PV project near Athens, Daystar Power partners with Swedish investment platform to finance solar in West Africa, Solar energy from Total to power GAC Dubai’s warehouses.
The Green Climate Fund (GCF) is providing nearly half the funding necessary for a scheme to deploy solar mini-grids across 100 villages in Burkina Faso.
Close on heels of its recent announcement on forming a new global unit focused on the hybrid and energy storage market, Indian EPC Sterling and Wilson has won a captive solar-diesel-storage microgrid project in Africa. PV Tech caught up with Vish Iyer, global head of business development, strategy and marketing for the Hybrid and Energy Storage division at Sterling and Wilson, to find out more.
Indian EPC firm Sterling and Wilson has won its first large-scale hybrid and energy storage turnkey EPC contract order in Western Africa, including what it believes to be both the largest battery storage project and single battery installation in the whole continent.
InfraCo Africa has partnered France-based developer Solvéo Energie by committing up to US$3.1million for a 45% equity interest in the development of a 40MW solar project in the Republic of Guinea.
Oolu, a Senegal-based start-up company and PV corporation in Africa, has successfully raised US$3.2 million in equity investments. This Series A fundraising follows its seed round in 2015 and will support the company’s growth and strategy as it looks to expand its customer base in West Africa.
ReneSola has been awarded 5MW of agricultural PV projects in Thailand, Vonovia and E.ON are to install 2.2MW of solar systems in Dresden, Redavia has opened a Ghana office.
News in Brief: CleanMax and Hitachi partner for rooftop solar in India for Japanese companies, Tyler Technologies installs a solar-plus-storage system at its Texas headquarters, Germany's Redavia expands into West Africa with solar for the country's Maritime University, more community solar is completed in Massachusetts and Surana wins a bid for 5MW of rooftop solar in Andhra Pradesh.
