Big weekend: What will happen at the International Solar Alliance Summit?
The International Solar Alliance (ISA), now registered under the United Nations, is organizing its first summit to be held this Sunday, March 11. It is also set to host a founding ceremony of the ISA in the presence of French President, Emmanuel Macron, Indian Prime Minister, Narendra Modi and Bangladeshi President, Abdul Hamid. Government dignitaries of member countries are joining, and 51 solar projects will be signed.
South Africa: Date set for PPA signing, economic benefits highlighted
The South African Government has set a date of March 13 for the signing of 27 outstanding PPAs for solar and wind. It emphasized the economic benefits of the contracts, which are set to spur new energy investment of around US$4.7 billion and over 60,000 jobs.
Over $50 million funding approved for solar projects in Zambia
The Green Climate Fund (GCF) has approved over US$50 million in funding for the development of up to 100 MW of renewable energy projects, primarily solar, in Zambia.
Financing closes for Mozambique’s first large-scale PV project
Scatec Solar, alongside Norfund Investments and Electricidade de Mozambique have closed financing and begun construction on the first utility-scale solar plant in Mozambique, a 40 MW project to be located close to the city of Mocuba.
IE signs investment deal with Alten RE for up to 600 MW of sub-Saharan Africa PV projects
A deal, worth up to US$36 million, has been signed by South Africa’s Inspired Evolution (IE), under which it will invest in Alten RE Developments Africa B.V. Over 600 MW of solar PV projects are set to be developed.
GET FiT scheme launched in Zambia after successful run in Uganda
Through a partnership between German investment bank, KfW and the Zambian Ministry of energy, the GET FiT scheme has entered its first round, with a tender of up to 100 MW.
India’s Sterling and Wilson to build 54.3 MW solar plant in Zambia
The PV plant will be the nation’s largest once complete, and will be implemented under the International Finance Corporation’s Scaling Solar program.
Solar tender launched for up to 40 MW in Malawi
The 40 MW project is part of a 70 MW solar plan launched by local utility, Escom in February to reduce chronic power shortages.
BBOXX and Bamboo create finance platform BEAM for off-grid sector
Bamboo and BBOXX launch pioneering platform aimed at providing developmental infrastructure for off-grid energy services.
ECREEE launches scheme to create qualified solar workforce in West Africa
The scheme is being implemented with the support of the West African Economic and Monetary Union (UEMOA), the International Renewable Energy Agency (IRENA) and the German development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).
