BDO Unibank issues first green bond valued at US$150 million for IFC

Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.

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South African five-point plan to build 1.5GW of PV every year

A five-point Plan has been devised by The South African Photovoltaics Industry Association (SAPIA) to support development starting, with a target of building 1.5GW of PV annually.

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African Development Bank to provide US$265 million loan to 800MW Moroccan solar project

In conjunction with its New Deal on Energy for Africa, the African Development Bank has committed US$324 million in loan support for a pair of renewable projects in Africa, setting aside US$265 million for an 800MW PV and CSP hybrid project in Morocco.

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Malaysia awards 563MW of solar in second LSS auction

The Energy Commission of Malaysia (EC) has released the list of winning developers in its second Large-Scale Solar (LSS) tender round, offering roughly 563MWac of capacity.

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Karnataka tenders 860MW of dispersed solar

The Karnataka Renewable Energy Development Limited (KREDL) has issued a request for proposal (RfP) for 860MW of solar, split between 43 taluks with 20MW in each.

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Apis Partners awards Greenlight Planet with US$60 million in funding

Private equity asset manager Apis Partners and its partners will provide US$60 million in funding for Greenlight Planet — a provider of off-grid solar products and financing to underserved rural populations across Africa and Asia.

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Solarcentury and the chocolate factory; company to build 2.35MWp of solar in Nigeria

Solarcentury is constructing a 2.35MWp solar project for a Tulip Cocoa Processing (TPC) chocolate factory in Nigeria, North East of Lagos.

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African safari lodges increase uptake of solar-plus-storage

African safari lodges are increasingly taking up solar and storage options, not only to minimise environmental impacts of diesel generators, but also to improve power supply reliability, which can affect customer reviews for these holiday lodges.

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Tanzania’s Rural Energy Agency joins global summit in Dar Es Salaam

Tanzania’s Rural Energy Agency (REA) will give the keynote address to around 200 public and private sector attendees at PV Tech’s Solar & Off-Grid Renewables Summit in Dar Es Salaam next week.

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IFC backs grid-connected distributed generation with CleanMax Solar investment

The International Finance Corporation (IFC) has made an equity investment of US$15 million into Indian rooftop solar specialist CleanMax Solar, the financier’s first foray into grid-connected distributed generation.

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CES completes 20MW PV project in Egypt

Egyptian and UAE-based EPC company Complete Energy Solutions (CES) has commissioned a 20MW PV project in Toshka, Egypt.

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