The government of Mali has secured further funds to build the country’s first large-scale PV project. The 33 MW Segou Solar PV Project will sell power to local utility under a 25-year PPA.
The European Commission has decided to support the Africa Renewable Energy Initiative with €300 million ($317.7 million). The funds are intended to leverage up to €4.8 million ($5 billion) and to help finance 19 renewable energy projects totaling about 1.8 GW.
A 991 kW PV array will supply Kenya’s largest salt producer with 22% of its electricity, in a diesel-hybrid system delivered by SolarAfrica. The system was supported by a grant from the Japanese government’s Joint Crediting Mechanism (JCM).
Zambian government signs agreement for the second tranche of the World Bank’s Scaling Solar program, which will support the construction of up to four solar PV plants in the country.
The British provider of the pay-as-you-go off-grid solar system has commenced the installation of its home systems across Nigeria, with the aid of the country’s Niger Delta Power Holding Company.
Solar has started playing an important role in the developing world, but the pace of investment needs to step up. Is there enough financing for projects in the developing markets and if not, what needs to be done?
It’s ‘business as usual’ in the solar industry as the novelty of 2017 starts to wear off, and how better to get back into the swing of things with more, uncertain, developments in the possible extension of EU trade duties against Chinese cell and module manufacturers, leaving us with as many questions as answers.
The Practical Action non-governmental organisation (NGO) won a Zayed Future Energy Price last week at Abu Dhabi’s Sustainability Week for its work to reduce poverty. The NGO shares its experience of solar PV deployment in the developing world.
The International Finance Corporation (IFC) updated the World Future Energy Summit (WFES) last week about solar PV developments in Africa through the IFC’s Scaling Solar program.
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