The lender is providing the funds to support the West African country’s solar ambitions under the bank’s Desert to Power program. Several other European organizations have vowed to back the €137 million Yeleen solar project, which will encompass four sites.
A PV project by the Chinese company started generating electricity in late October, the group said. German subsidiary Astronergy supplied the solar panels.
The Italian utility has agreed to buy the PV development pipeline for an undisclosed sum via a subsidiary, and vowed to start building its first large-scale, subsidy-free PV plant in the early months of 2020.
The Tokyo-based renewables developer has successfully launched its second solar investment fund, which will include roughly 216 MW (DC) of solar capacity across five sites in Japan.
The French insurance group has revealed plans to phase out its exposure to coal by 2030 in the European Union and the countries of the Organization for Economic Co-operation and Development, and by 2040 in other parts of the world.
The European Bank for Reconstruction and Development is offering the funds to Egypt’s transmission system operator to strengthen the country’s grid to host more renewable energy in anticipation of rising power demand over the coming decade.
The Chinese solar manufacturer has delivered its ultra-high efficiency Cheetah 72 modules for 575 MW of capacity that X-Elio is developing in multiple locations across Spain, in addition to roughly 375 MW for two projects in the Mexican cities of Veracruz and Navojoa.
The islands of the Caribbean have been focusing on the deployment of storage solutions, minigrids and microgrids in response to the damage their power systems suffered during the 2017 hurricane season. But with the opportunities, there are also challenges.
The nation’s Central Procurement Board, on behalf of utility NamPower, has announced a tender to select an engineering, procurement and construction services contractor.
The Chinese solar manufacturing giant will supply its latest modules to Singapore-based PV developer Hexagon Peak for a utility scale pipeline in Vietnam.
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