Somali solar providers can apply for grants from $8.5m pot
Solar distributors and service providers and microfinance businesses which are rolling out PV systems in Somalia and the self-declared Republic of Somalil and have been offered access to grants from development donors.
Crossboundary offers up its mini grids business model for African peers to benefit
The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.
US developer Eleris plans 2.2 GW of solar in Bangladesh
The proposal includes 1 GW of solar farms on an army training base island in the estuary of the Meghna river.
Ten-year renewal of Estonia’s renewables support program
New €450 million incentive regime needed to be approved under EU state aid rules.
Cubico buys T-Solar for €1.5bn
Through the transaction, Cubico acquired 47 operating assets with a capacity of 274 MW – including 167 MW of PV in Spain as well as 7 MW of solar plants in Italy –and a portfolio of solar projects under development of about 1.4 GW.
Finance platform targets underserved small-scale solar projects
A spin-off of the Connecticut Green Bank, IPC is a not-for-profit investment fund that scales clean energy financing and channels investment capital to communities that need it most.
End of subsidies could fuel the corporate PPA boom in Europe
Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.
African Development Bank opens $50-60m pot for off-grid solar Covid recovery
The development lender has established a Covid-19 Off-Grid Recovery Platform with impact investors from the Netherlands, U.S. and U.K., to offer affordable loans to off-grid solar companies operating in Africa.
Finnish solar manufacturer finally starts production in Vilnius
Valoe completed the 15-month purchase process of a 60 MW cell production line from Solitek in the spring and installed interdigitated back-contact production equipment. It hopes to begin deliveries in the next quarter.
Energy Infrastructure Partners invests €530m in Baywa re
The Baywa group will maintain a 51% stake in the German renewable energy company.
