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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Victoria opens tender for 40MW / 100MWh of large-scale battery systems

The Victoria government has opened the tender process for the procurement of two 20MW battery systems.

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France reveals winners of 150MW rooftop solar tender

Ségolène Royal, France’s minister of the Environment, Energy and the Sea, yesterday announced the winners of the first period of the country’s rooftop solar tender.

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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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USTDA backs 100MW Dangote Industries solar plant in Nigeria

The US Trade and Development Agency (USTDA) is backing the development of a 100MW solar plant in Kano State, Nigeria.

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ADB backs Cambodia’s first ever large-scale solar farm

The Asian Development Bank (ADB) is providing financial assistance for the construction of Cambodia’s first large-scale solar power project.

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The Philippines clears 162MW of PV and 30MW storage for grid impact studies

The Department of Energy (DoE) of the Philippines has progressed solar projects with a combined total of 162MW of capacity, along with a 30MW battery energy storage project to grid impact testing (GIS) stages, according to consulting firm Enerdata.

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Engie to test Eos zinc battery to ‘operational boundaries’ in Brazil

Multinational utility Engie will install a 1MW / 4MWh Eos Energy Storage zinc hybrid cathode battery system in Brazil and is expected to “exercise the system to its operational boundaries”.

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Asunim to develop 42MW PV pipeline in Turkey

Asunim – a Turkish-based EPC and project-development company – announced that it has started construction on two non-licensed PV power plants worth 42MW of generation capacity in Turkey.

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