The state-owned UAE clean power developer appears to have quadrupled its previously announced ambition today as it announced its $20 billion renewables portfolio rose from 10.7GW to more than 15GW last year.
A decade on from energy rationing, head of state Sheikh Hasina is poised to announce the achievement of an historic goal which has been made possible with the help of off-grid photovoltaics.
The nation accounted for almost a quarter of the UK’s clean energy generation in a Covid-hit year as renewables accounted for 61.8% of its power mix, according to a study produced by the UK government.
The 22 nations which have had their “recovery and resilience” spending plans approved by the European Commission are set to devote billions to clean energy facilities, with the cash set to be disbursed in three payments to the end of next year.
British analyst GlobalData has predicted residential and commercial rooftop panels will not return to a declining price trend until next year, with post-Covid logistics headaches the cause, rather than a polysilicon shortage.
With comparisons with a Covid-hit 2020 inevitably offering a string of positive numbers, there was also little to concern the board of the inverter and battery manufacturer from the returns generated in the last quarter.
The $87 million Kesses solar project, in Kenya’s Rift Valley town of Eldoret, is set for completion by Spanish developer Alten this year.
One of the first items in the in-tray of the country’s new Socialist Party government must be to unblock Portugal’s seemingly huge appetite for PPA-backed merchant solar sites and to deliver the PV projects which were tendered by the authorities, to global acclaim, in 2019 and 2020.
Some 1.5 million bifacial panels make up the power plant in Ad-Dhahirah governorate which was constructed in just 13 months by ACWA Power, the Gulf Investment Corporation and Kuwaiti developer Alternative Energy Projects Co.
Cape Town-based solar crowdfunding platform The Sun Exchange in April announced completion of its largest funding call, for US$1.4 million to finance what it described as a 510kW solar-plus-storage facility for Zimbawean food company Nhimbe Fresh. With the first part of a planned three-phase “going solar” transformation of the business complete, pv magazine spoke to The Sun Exchange founder and CEO Abraham Cambridge, and to Nhimbe Fresh chairman Edwin Masimba Moyo.
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