Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.
A new report analyzing 10 solar markets throughout Africa claims that the continent’s PV market could expand from about 5 GW at present to up to 30 GW by the end of the next decade.
Developers have until May 29 to register for the first stage of the process to procure four solar projects. With work under way on the second round of the IFC’s Scaling Solar program in the nation, 12 bidders have been identified to compete for the two projects previously offered under the initiative.
The nation’s Ministry of Finance is tendering six large-scale projects in Afar, Somali, Oromia and Tigray. The plants will be developed under a public-private partnership framework and their construction is expected to raise around $795 million.
The U.K. Government says it will make £56 million available for battery storage technologies in South Africa. Nigeria also saw the next phase of the U.K.-Nigeria Climate Finance Accelerator unveiled; while the continent as a whole, is set to benefit from further partnerships and investment in both solar and climate change.
Through the tender, the state-owned power utility of the African country wants to build two PV power plants with a capacity of 125 MW each. The projects are part of a 500 MW solar plan, expected to be implemented via the World Bank’s Scaling Solar program.
The Dutch-U.S. solar developer and the Israeli company are teaming up to construct 10 solar power plants with a capacity of 10 MW each at several university campuses in Ethiopia.
The tender is part of the government plan to develop up to 500 MW of solar PV via the World bank’s Scaling Solar program.
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