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Northern Africa

EBRD to lend €183m to help Egypt connect 1.3 GW of renewables

The European Bank for Reconstruction and Development is offering the funds to Egypt’s transmission system operator to strengthen the country’s grid to host more renewable energy in anticipation of rising power demand over the coming decade.

EDF invests in Egyptian renewables developer KarmSolar

The French energy group has injected an unspecified sum into KarmSolar, which has a 165 MW solar project portfolio in Egypt. The developer specializes in power purchase agreements and solar distribution contracts with large commercial, agricultural and industrial clients.

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The weekend read: Offgrid goes global

Offgrid solar power has emerged as a vital part of the PV business across the African continent, and is now spreading to other parts of the globe, mainly with solar home systems and microgrids. pv magazine examines the core issues of financing, business models and the quest for user data.

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Saudi power company ACWA secures 200 MW bifacial solar project in Egypt

Saudi energy giant ACWA Power won the tender for the project in August thanks to a lowest final electricity price offer of $0.02752/kWh. Construction of the facility, which will use bifacial panels, is expected to be complete by April 2021.

Off-grid solar sector witnesses sales of 4.1 million products in six months

Industry body Gogla and the World Bank’s Lighting Global program said the last six months set a record for off-grid solar deployment. Solar home systems and other small off-grid appliances are being used in ever larger numbers.

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Algerian 150 MW solar tender secures final price of $0.069/kWh – and only a third of the capacity

The Algerian Electricity and Gas Regulation Commission has concluded a tender launched in June. The one solar project selected will sell power at DZD8.28/kWh. The authority reportedly only published ceiling prices for energy bids on the day the exercise was completed.

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Completion of 390 MW Benban projects crowns impressive quarter for Scatec Solar

With power production up 133% year-on-year, revenues and EBITDA also rose significantly.

Only with hydrogen can we save the climate

There is no alternative to using hydrogen for climate protection. Climate change and its ensuing measures require a lot of effort, money, and above all the right solutions. Therefore, a meaningful project, which will be perceived worldwide as a model for complete technological change, is key. That is what the Bonn Climate Project and the CTC Bonn stand for! We can already see great steps towards a hydrogen economy being taken in Germany. Steps are good, but not enough; we need the implementation of a hydrogen economy now!

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Emerging markets help new faces into list of world’s top EPC providers

Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.

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Renewables and geopolitics: The United States

An accelerated transition to renewables could go either way, regarding the United States’ unique geopolitical strength. According to Indra Overland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – the U.S. could surrender a major advantage if it abandons fossil fuel. The nation could, however, remain dominant in the global energy sector if it continues to lead on innovation and clean energy tech-related intellectual property.

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