Off-grid solar solution manufacturer d.light has raised a further USD 10.5 million in funding to expand its operations in Africa and Asia, which brings the company’s total to an impressive USD 40 million in just four months.
In 2017, 54 new solar projects with a total capacity of 460 MW will be implemented enabling the country to exceed 1 GW of installed PV plants.
An emerging topic in today’s discussions for renewable energy is the extent to which decentralized structures of energy replace the old centralized systems. pv magazine captures the debate.
The German solar module manufacturer has received the license for up to 100 MW of solar modules, and is one of the few international companies to receive such a license, after the Turkish government put strict limits on PV module imports in an attempt to develop its domestic market.
The Spanish company was awarded a US$117 million contract to build the project near Santiago.
The Indian group’s solar portfolio has swelled by roughly 930 MW over the past 10 months, largely on the back of its $1.45 billion acquisition of Welspun Group’s 1.15 GW clean energy business last spring.
The Saudi Arabian power group and the Jordanian government have agreed to build the project in the eastern province of Risha by the first quarter of 2019.
The estimated 34 GW is far more than analysts had predicted, and nearly doubled the nation’s installed solar capacity.
Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.
The German battery manufacturer was chosen by the prize as the winner in the small & medium enterprise category. Sonnen CEO Christop Ostermann received the US$1.5 million award at the opening ceremony of the World Future Energy Summit in Abu Dhabi.
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