Sub-Saharan solar minigrid market worth $128 billion by 2030
BloombergNEF and Sustainable Energy for All have jointly published a report by the Mini-Grid Partnership proposing solar minigrids as a critical technology to bring electricity to the 789 million people who still lack access.
Shielding PV against Earth’s magnetic field
Researchers in Kenya are seeking to reduce the influence of the Geomagnetic field on PV panel performance by replacing aluminum module frames with a steel cage. They have specified they have been unable to quantify costs related to the solution, and that more research is needed.
Kenya’s largest dairy producer wants to buy solar
New Kenya Cooperative Creameries has finalized the preliminary phase of a tender to buy electricity from a solar facility that will be built at its new KCC Sotik Factory. The installation is expected to cover around 40% of the site’s power needs.
Premature inverter failure – 4.2 GW of capacity will be affected this year, says analyst
U.S.-owned business intelligence firm Wood Mackenzie has attempted to evaluate the market opportunities offered by the repowering of solar projects around the world which feature inverters which are 10 years old – as well as those which will expire ahead of time.
Mauritian fund invests $3 million in P2P solar specialist Sun Exchange
Sun Exchange has closed a $4 million Series-A funding round by obtaining a $3 million investment from ARPF, a Mauritian private equity fund. The peer-to-peer solar leasing platform said it will use the funds to help its members deploy solar solutions across sub-Saharan Africa.
Kenyan floating solar crowdfunding bid could again end up smelling of roses
German company Ecoligo is offering micro investment in the construction of a 69 kW floating solar plant on the reservoir of a flower farm.
Earth’s magnetic field affecting PV panel performance
Researchers in Kenya say the geomagnetic field could reduce solar panel conversion efficiency 0.21% between the equator and a 50-degree latitude. Their analysis showed the complex magnetic field can determine increases in module fill factor and falls in maximum power.
Solar costs have fallen 82% since 2010
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
PPA signed for solar-wind-storage microgrid on Saint Helena
Pash Global, a subsidiary of multinational commodities trader Trafigura Group, has signed a renewables power purchase agreement for a project on the British overseas territory of Saint Helena. The microgrid will help the South Atlantic island’s aim of investing in renewables, reducing diesel dependence and increasing fuel security and price stabilization.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
