U.S.-owned, Nairobi-based mini-grid developer PowerGen has already rolled out seven local solar networks in the West African country, funded by equity investors who will recoup their cash when all 28 systems are sold to CrossBoundary Energy Access.
A report commissioned by EU lender the EIB has dismissed the role solar mini-grids can play in achieving universal electrification by 2030 and signaled distribution to individual households should be the way forward, including sales to the residents of UN refugee camps in East Africa.
European commissioner for economy Paolo Gentiloni has outlined how the commission’s planned revision of the energy taxation regime, and introduction of an EU carbon border, could be applied.
While trade group SolarPower Europe has welcomed the EU’s emissions-reduction legislative package, it renewed calls for solar and energy storage to be mandated on buildings and urged policymakers to go even further than the stated ambition for clean power to fire 40% of European electricity by 2030.
The head of the nation’s Smart Energy Council told an event organized by the Global Solar Council, that landmark could be achieved even amid Covid-19 restrictions.
Some 22 villages in Busia county will receive a total of 7,000 electricity connection points plus solar-powered street lighting and water services after InfraCo Africa invested $4.2 million acquiring 40% of developer Kudura Power East Africa.
The Chinese solar glass maker, which claimed a positive legal judgement in the European General Court in 2019, is now likely to have that victory set aside by the European Court of Justice, with an advocate-general saying the company benefited from an income tax regime which may have unfairly distorted its operations.
The question of overly complicated, time-consuming permitting processes again raised its head at a two-day online event held by the Global Solar Council to examine how to accelerate deployment of photovoltaics.
European development campaign the Electricity Financing Initiative has invested around €1.26 million in a €1.5 million bond issued by domestic solar products supplier Simusolar.
With the EU carbon price sat at record highs of around €50/ton, the authors of a report into the policies needed to drive a clean hydrogen economy in Europe say the storage medium won’t compete with its fossil fuel powered version even if carbon allowances cost four times that level.
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