Abu Dhabi lends $23m for solar, Mauritius to get 10 MW of PV rooftops
Togo, Mauritius and Guyana will all receive backing for solar projects in the latest round of funding from the Abu Dhabi Fund for Development-IRENA Project Facility.
BBOXX secures $31m investment – as well as a top eco prize
Topping off a great week for the British next generation utility platform, BBOXX won the Zayed Energy Prize after receiving funding from the Africa Infrastructure Investment Managers fund to speed up roll out of its platform in Rwanda, Kenya and the Democratic Republic of Congo.
Fraunhofer ISE achieves efficiency record for silicon multi-junction cell
The German institute has achieved another efficiency record for multi-junction solar cells. More cost-effective production methods for III-V-layer cells have also been advanced during work as part of the MehrSi project.
EBRD approves €5.9 million lending facility for Macedonian solar plant
The redevelopment of a coal mine site is aimed to catalyze the decarbonization of the Macedonian power sector after reports have highlighted the negative impacts of the brown coal industry in the Balkans.
Off-grid Swedish housing block to be supplied 100% by PV, hydrogen
Upon completion, the long-term storage benefits of compressed hydrogen, coupled with an abundance of solar radiation in the summer months, will allow for a fully energy-sufficient 172 home apartment block in Sweden.
Taqnia announces completion of phase 1 Layla Solar Plant, first Saudi IPP project
Taqnia Energy, a subsidiary of the Saudi Technology Development and Investment Company, has announced the completion of the first 10 MW phase of the Layla Solar Plant. The facility will cover approximately 10% of the power needs of the province of Al-Aflaj.
Scatec Solar reaches financial close on 47 MW Ukranian solar project
Scatec Solar ASA, in partnership with the Rengy Development Group, has closed financing on its 47 MW solar PV project in the Mykolaiv region of Ukraine.
Zola receives $32.5 million for expansion in Tanzania
Zola Electric has received financial backing worth $32.5 million from social investment firm Symbiotics and the Dutch development bank FMO. The lending facility will be used to grow Zola’s operations in Tanzania over the following five years.
RE100 report showcases the role for corporate action in energy transition efforts
The RE100 Progress Insights Annual Report 2018, released at the end of last week, portrays the central role corporate policies can play in carbon mitigation efforts.
UAE makes another $50m in RE loans available
The seventh round of funding under the Abu Dhabi Fund for Development program takes to US$350 million the amount pumped into clean energy as part of state-run energy transition strategies in the developing world.
