Nigerian mini-grid program appears to have been scaled back
An initial intent to commission 28 local solar-plus-storage networks has now been stated as comprising “around 20” mini-grids, with delivery expected this year, rather than by the middle of the year.
EBRD package to pay for 27 MW of solar in Turkish city
The London-based development institution will offer up a loan and grant to fund the construction of five solar plants at municipal sites across Gaziantep, as part of the lender’s Green City program.
World Bank $500m loan to modernize Bangladeshi grid
Investment is required so electricity distribution networks can be upgraded to keep pace with an explosion in generation capacity over the last decade, and to harness the potential of renewables and energy storage.
Financial close for Mozambique’s first solar-plus-storage project
Anglo-Norwegian public funding body Globeleq has said the 19 MWp/2MW-7 MWh Cuamba project will be supplying electricity during the second half of next year.
Scatec brings containerized solar-plus-storage system to Cameroon
Two projects in the northern region of the African nation are set to bring 36 MW of solar and 20 MW/19 MWh of storage online, with the first facilities due to start generating within days.
German development bank allots fresh €49m for African mini-grids
A new foundation set up by KfW will offer grants to attract investment in a bid to offer more than 350,000 people access to clean electricity.
‘No limit to the number of mini grids which can be installed in Nigeria’
U.S.-based Husk Power Systems has installed six solar mini-grids in the West African nation and aims to build more than 500 by 2026 with the help of World Bank funding.
IFC opens $1.8m credit line to get big DR Congo project over the line
A 100 MWac solar farm planned in the Katanga region will be boosted by an additional credit line after the International Finance Corporation and the British and Norwegian government-owned Globeleq came on board.
Cheaper wholesale solar equipment through $10m group-buying fund in Nigeria
Two investors backed by the charitable foundations set up by energy giants have seed-funded the cash pot to lend to African solar companies, who will be able to buy solar kit cheaper thanks to the economies of scale offered by the aggregation of orders.
US developer lands $1.75m deal for Nigerian mini-grids
Former start-up Husk, which originally based its business on renewables powered by rice industry waste products, has agreed to develop seven solar-plus-storage mini-grids across rural communities in Nasarawa state.
