Apis Partners provides Greenlight Planet with $60 million in funds
The U.S.-based off-grid specialist will use these financial resources to expand its business in Asia and Africa.
Australia, Cuba, Malawi, and Peru ratify ISA framework
Four more countries have ratified the International Solar Alliance (ISA) framework agreement, taking the total number to 19. On Wednesday December 6, the ISA will be established as a legal international intergovernmental body.
South Africa’s energy mix will be much cheaper with renewables, study says
According to a new study conducted by the Frankfurt Institute for Advanced Studies at the Goethe-University Frankfurt, a mix of solar and wind may be over 10% cheaper than power generation from new coal and nuclear plants in South Africa, even if the cost of renewables and batteries will see no further reduction from today until 2050.
European PV market expected to grow by 35% in 2018 – GTM Research
European countries such as France, Germany, the Netherlands and Spain are all forecast to be gigawatt-scale markets in 2018. Globally, around 606 GW of new PV capacity is forecast to be installed between 2017 and 2022.
Burkina Faso commissions 33 MW PV plant
The country’s largest solar facility was officially inaugurated in the presence of French president Emmanuel Macron. The project was financed by France’s Development Agency (AFD) and the European Union.
Wärtsilä to deploy 75 MW (AC) of PV in Nigeria
The Finnish technology group has been awarded a contract by Pan Africa Solar Ltd to build a solar plant in Katsina State, northern Nigeria.
Potential for PV to snap significant share of $40 billion distributed energy industry in frontier markets – BNEF
There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.
Niger gets its first solar container
Africa GreenTec, alongside the German Investment and Development Company (DEG) and the International Climate Initiative, have installed a solar-plus-storage container in the Tahoua region.
Vinci Energies to build another 17 MW of solar in Senegal
The French developer was selected by Senegal’s power utility Senelec to install 10 solar power plants across four different regions of the African country.
German Development Bank sets up €33 million credit facility to support renewables in Africa
The facility is planned to improve liquidity of developers of renewable energy projects up to 50 MW across Africa.
