The solar PV system is part of a 1.25 MW portfolio, where power will be sold to the island’s villagers through pre-paid net metering. The Asian Development Bank, with the help of other institutions, is supporting the deployment of solar on the Pacific Ocean’s small island nations.
Crossboundary Energy Access (CBEA) was established in January with large investment contributions from Rockefeller and Shell Foundations. The funding facility, which said it would work to unlock $11 billion in funding for the electrification of 100 million people in Africa, has penciled its first transaction with PowerGen Renewable Energy.
The African Development Bank is providing around $56 million to fund a program to bring electricity to around 900,000 households in sub-Saharan Africa by 2025. The financial institution will also provide African distributed energy service companies with critical technical guidance and credit enhancement.
The Finnish company has commissioned a large scale storage project to reduce curtailment of wind and solar assets on Bonaire. The system will use machine-learning based energy management software to provide grid services and manage all of the island’s power generators.
The German EPC contractor built the 1.9 MWh energy storage system for the automaker as part of a micro smart grid project on the EUREF Campus, a green innovation hub in Berlin.
A tracking report from five major international agencies finds the world is lagging behind sustainable development goals for 2030. While more effort is needed to reach some of the world’s poorest populations, though, notable progress has been made in reducing the electrification deficit, thanks to off-grid solar and minigrids.
The Consortium for Battery Innovation has produced an interactive, online map highlighting the location of lead-battery storage installations worldwide.
French power group Engie has started up its first minigrid installation in Zambia, while also announcing plans to expand Fenix, its PV home system unit for the African market. It did not disclose the specifications or size of the minigrid system.
Australia’s Coalition government has announced funding to support up to 50 off-grid and fringe-of-grid feasibility studies that will investigate whether building a microgrid is cost-effective and whether existing off-grid capabilities can be upgraded with more up-to-date technology.
The board of the multilateral development finance institution has approved a $20 million facility to back the deployment of renewables-based minigrid projects in the Democratic Republic of Congo.
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