Yet another India solar tariff record of 2.44 rupees in Rajasthan

After Indian solar tariffs breached a jaw dropping US$0.04/kWh earlier this week in a Rajasthan auction, prices have dropped to yet another record in the same location.

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d.light partners with microfinance institution Musoni for off-grid solar in Kenya

Off-grid solar product distributor d.light has partnered with cloud-based microfinance institution Musoni to expand access to solar for low-income consumers in Kenya.

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India’s NTPC invites bids for 24MWh battery storage to pair with 17MW PV farm

India’s biggest utility, NTPC (National Thermal Power Corporation) is seeking bidders to add a 6MW / 24MWh battery energy storage system (BESS) to a 17MW PV plant in Manglutan, South Andaman.

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Indian solar tariffs well below three rupees in new Rajasthan records

India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.

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Reports: Alfanar Energy signs PPA for 50MW solar plant in Egypt

Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.

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SEFA issues grant for 20MW off-grid solar project in Zimbabwe

The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has approved a US$965,000 grant to Oxygen Energy Private Limited to support the development of a 20MW off-grid solar rooftop project atop buildings owned and managed by Old Mutual Property Group Zimbabwe countrywide.

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EBRD mulling support for 750MW of Egyptian solar

Utility-scale solar projects totalling 750MW could receive support from the European Bank for Reconstruction and Development.

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Telangana state power firm tenders 20MW solar in India

Power firm Telangana State Power Generation Corporation (TSGENCO) has issued three tenders for solar PV projects with a combined capacity of 20MW.

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NDB loans US$300 million to Brazil’s development bank for renewables

The New Development Bank (NDB) have signed a US$300 million loan agreement with the Brazilian Development Bank (BNDES) to support investment in wind, solar, small hydropower plants, biomass, biogas and agricultural residues.

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IFC to invest US$60 million in Jinko Malaysia as company upgrades to PERC cell technology

The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.

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USTDA backs one of Sub-Saharan Africa’s first utility solar-plus-storage projects

The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.

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