The funds will be used by the Argentinian government for solar and other renewable energy projects selected in the third round of the program. The guarantee package was approved by the World Bank in March.
The figure is represented by 39 utility-scale solar plants across 11 states and approximately 85,000 contracts for distributed-generation PV systems.
The Taiwanese market research company said the effects of the 5/31 policy shift in China were less severe than expected, and in 2018 the global solar market grew 4.9%, with approximately 103 GW of new additions. This year, the solar demand is forecast to rise another 7.7%.
The domestic company has cleared a third debt funding facility of $9 million with Kenya-based SunFunder, responsAbility and Oikocredit. The credit means 2.5 MW of off-grid capacity, enough to bring energy to 70.000 people.
With the International Renewable Energy Agency’s number-crunchers predicting almost 5.4 GW of new solar across the six Gulf Cooperation Council nations today, Suhail Mohammed Faraj Al Mazroui said his nation alone would install 6-7 GW of new renewables capacity by 2024, as pv magazine editor-in-chief Jonathan Gifford reports.
The UK cities of Bristol and Plymouth and the county of Devon will get £1.9 million to develop energy efficiency, sustainability, and clean energy projects. Bristol in 2014 received a £50 million grant to accelerate its plans to be carbon neutral by 2050. Devon has ambitious plans of becoming 80% carbon neutral by the same date.
The Brazilian module maker expects to start construction of a factory in the state of Tocantins in the second half of the year. The project is receiving support from the local ministry of environment.
Through the procurement, now at the pre-qualification stage, Moroccan state-owned utility ONE aims to build seven large-scale PV plants in the south and east of the country. German development bank KfW is a partner in the project.
Danish developer European Energy has secured a 12-year agreement from Axpo Italia, the local unit of Swiss energy provider Axpo. Around half the 300 MW of solar projects the company is developing in Italy are now ready to build.
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.
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