International investors provide $34 million for solar plant in Zambia
The Ngonye project proposed by Italian energy giant Enel Group and Zambia’s Industrial Development Corporation, will be financially underpinned by senior loans of up to $10 million from the International Finance Corporation, up to $12 million from IFC-Canada Climate Change Program and up to $11.75 million from the European Investment Bank.
Enertronica secures 200 MW inverter order from Spain, obtains financing for project in Namibia
The Italian solar developer will provide inverters through its unit Elettronica Santerno.
Swaziland issues tender for its first solar park
The Lavumisa 10 MW Solar PV Plant be located in the homonymous area in the southeastern part of Swaziland. The Swaziland Electricity Company (SEC) intends to develop the plant on two phases of 5 MW each.
Canadian mining company strikes gold with 7MW Namibian PV plant
Vancouver-based B2Gold says the new facility up and running at its Otjikoto mine is “one of the first fully-autonomous hybrid plants in the world”. The Canadian company is mulling leaving the 7 MW scheme in place for the nearby community after the mine closes.
Engie acquires French solar developer Langa
The French energy giant has consolidated its new clean energy focus through the acquisition. The Langa group is expected to have operational PV assets of 165 MW in France by the end of the year.
Scatec wants to double size of project pipeline
Chief executive of Norwegian developer tells markets his company will deliver on 1.5 GW promise by the end of the year – by including any projects it has broken ground on.
South Africa to launch new 1.8 GW REIPPP round this year
After signing the 27 outstanding renewable PPAs assigned in previous rounds in April, the South African government believes the new procurement round may raise investment of more than $3.1 billion.
Ivory Coast moves forward with first solar park
The 25 MW project is planned for the town of Benguébougou, in the Korhogo department, in the north of the west African nation.
African development bank launches ‘Desert to Power’ program, targeting 10 GW of solar
At the African Development Bank’s annual meeting, held in Busan, Korea, the bank’s president Akinwumi Adesina announced that, alongside the Green Climate Fund and the Africa 50 investment fund, it plans to support the development of up to 10 GW of solar across the Sahel region.
US Senate proposes business-as-usual energy budget
The upper chamber of Congress has called for stable funding for the Department of Energy’s Office of Energy Efficiency and Renewable Energy in 2019, with an emphasis on electric vehicles as well as increasing the budget for ARPA-E by 6.5%
