The Zina solar field, which is being developed by Amea Power, is being financed by the World Bank’s private sector arm and will be constructed in Mouhoun province.
With an estimated 500 TWh of renewable electricity needed to produce the 10 million tons per year of clean hydrogen wanted by the European Union by 2030, the recent promise to ramp up European electrolyzer production capacity could give a boost to solar developers grappling with sluggish permitting regimes.
The war in Ukraine has acted as a brutal wake-up call for governments to act and reduce their dependence on Russian fossil fuels. Many have pledged to hasten project timelines for renewables, but there are mixed reports about impacts on investor confidence and projects under development in Ukraine’s neighboring countries. Marija Maisch reports.
Tennet has suffered well-cataloged problems attempting to absorb solar projects into parts of its Dutch grid network and is now appealing for help in two pinch provinces.
It should come as no surprise that clean energy spending is a big chunk of Warsaw’s four-year EU grant and loans package, given that the nation’s grid-connected solar capacity rose from 3.99 GW at the end of 2020 to 6.3 GW four months ago, according to the International Renewable Energy Agency.
The Canadian provincial government’s Green Economy Plan, launched in November 2020, envisages a 37.5% reduction in greenhouse gas emissions en route to net zero by mid century.
Redavia, which leases plug-and-play solar systems to commercial clients in Africa, secured the fresh credit line after settling a previous $2 million loan supplied by the EDFI ElectriFI European development finance institution.
With each of the 10-year network development plans produced by Europe’s electricity transmission system operators years in the making, the latest such publication may already be out of date as the bloc prepares to fast forward its energy security and climate change ambitions.
TBEA-owned Xinte Energy says it cannot produce polysilicon quickly enough to meet demand and wants shareholders to back its bid to quadruple its manufacturing capacity by mid 2024.
The $2.7 million solar plant will help reduce fuel costs and the nation’s carbon footprint, according to Prime Minister Mark Phillips.
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