With ‘shovel-ready’ projects across India, Africa and Latin America in line for a mix of grants, cheap loans, equity investment and financial guarantees from this year, the two bodies hope to trigger $20 billion in total funding and bring reliable power to a billion people.
The global off-grid solar appliance market began an uneven recovery from the worst ravages of the global pandemic in the second half of last year, according to market body GOGLA, but more finance and policy support must be made available to have any chance of achieving universal electricity access this decade.
The International Renewable Energy Agency has combined energy infrastructure commitments across a huge swathe of the continent with hundreds of regional sites which offer rich solar and onshore wind potential, to determine what could be possible.
The oft-heard industry call for more supportive policy for renewables, this time in Africa, has prompted the European Commission to pledge to work with its continental counterpart on improving the clean energy regulatory environment.
An overview of the state of solar across the continent by trade body the Africa Solar Industry Association has highlighted a patchy policy landscape where clean power ambitions are often not followed through.
The United Nations High Commissioner for Refugees (UNHCR) is seeking proposals from independent power producers for PV plants ranging in size from 60 to 500 kW.
The U.S.-based Mercy Corps has opened a call for expressions of interest in the installation of mini-grids at three refugee camps on the Somali border.
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
The first part of pv magazine’s review of 2019 considers Q1, when solar early adopter Italy offered an optimistic start to the year by fleshing out its plans for PV but uncertainty still clouded the world’s biggest solar market. The potential for household solar installations to rocket the world over – helped by ever cheaper panels – prompted strategic decisions in the inverter market and analyst expectations were confounded as the cobalt and lithium price plummeted, bringing the EV revolution a big step nearer.
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