The Ministry of Energy and Mineral Development of the Sub-Saharan country is currently seeking advice for its Decentralized Renewables Development Program, which includes an off-grid master plan for the electrification of islands on Lake Victoria and the creation of a pilot program for solar net metering.
China Construction Bank Corporation (CCB) and the European Investment Bank (EIB) have each listed a €500 million bond. The bond issuance of the Chinese company was made on the newly created Luxembourg Green Exchange, a platform exclusively dedicated to sustainable finance.
Just a day after announcing its entry in the off-grid solar business in Bangladesh, the Portuguese utility agreed to acquire a minority stake in Mozambique’s SolarWorks, a start-up providing pay-as-you-go off-grid PV solutions.
The Spanish power and gas provider has started construction on two 50 MW solar plants near Ciudad Real, in the southern region of Castile–La Mancha. The projects are part of the 250 MW pipeline it secured in the government’s renewable energy auction held in July.
The “Project Centurion” will allow the testing of ITM Power’s Proton Exchange Membrane (PEM) electrolyser at Inovy’s Runcorn Site, where hydrogen is being produced as a co-product of the chlor-alkali process.
Greenpeace France has launched a Green Electricity Guide, which ranks 19 French electricity providers in terms of their renewable energy offers. The environmental association accuses several providers of practicing greenwashing, as they buy power from nuclear power plants and then turn it “green” using guarantee of origin certificates.
The Portuguese utility expands its renewable energy business – traditionally dominated by wind – with a new storage station in Romania and the acquisition of a start-up, which offers off-grid home solar solutions in Bangladesh.
The Chinese company said the transaction will enable a larger deployment of resources for its downstream clean energy business. The potential buyer is Asia Pacific Resources Development Investment Ltd.
Italian energy company, Enel has announced the completion of its 828 MW Villanueva project, including the recent expansion phase, together with the completion of an additional portion of the Don José solar plant, which has now reached 260 MW. Overall, 1,089 MW of PV capacity was grid-connected through the several phases of both projects.
Final prices were 5% lower than in the previous tender of the same kind. Around 40% of the selected projects were submitted by agricultural enterprises.
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