EBRD, IFC & EIB to commit US$425 million to fund green bonds for growing markets

Three development banks have made a combined investment of US$425 million to a fund that will invest in green bond issuances by financial groups in emerging sectors.

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Skeleton Tech CEO: Bankability of ultracapacitors could be key to lithium-ion hybrid potential

Some of the “world’s biggest insurance companies” are investigating the advantages of pairing lithium batteries with ultracapacitors in energy storage systems, which can lower costs and extend battery lifetimes, the CEO of an ultracapacitor maker has said.

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India ROUND-UP: Topaz and Appolon bifacial MoU, NTPC tenders 2.75GW, CECEP module supply

Topaz and Appolon eye India’s first bifacial module plant, NTPC tenders 2.75GW of solar in India, CECEP bags 35MW module supply deal in India.

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Canadian Solar breaks into Africa with 6MW project completed in Namibia

‘Silicon Module Super League’ (SMSL) member Canadian Solar has completed construction and started commercial operation of a 6MWp PV power project in Keetmanshoop, Namibia, its first project in Africa.

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Unions block US$4bn of investment in South African renewables to protect coal jobs

Two unions in South Africa have blocked the signing of renewable energy power purchase agreements claiming that doing so will lead to job losses from closed coal plants.

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Eskom set to end renewable uncertainty with signing of 27 contracts

Eskom will sign the 27 outstanding power purchase agreements (PPAs) from South Africa’s fourth round tender next week, the country’s energy minister has confirmed.

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Scatec Solar closes financing for Mozambique’s first large-scale PV project

Scatec Solar, KLP Norfund Investments and Electricidade de Mozambique (EDM) have closed debt financing and started construction on a 40MW PV project in Mozambique.

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Indian solar faces slowdown after record 9,255MW deployment in 2017 – Bridge to India

India deployed a record 9,255MW of solar in 2017, up 94% from the previous year, but uncertainty and a slowdown looms in 2018, according to the latest quarterly report from consultancy firm Bridge to India.

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ABB’s Jamaica renewable hybrid microgrid is a ‘lesson for the Caribbean and beyond’

A project in Jamaica, pairing utility-scale solar with battery energy storage at a microgrid could become “a model for other countries in the Caribbean and beyond”, the head of the country’s main utility has said.

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Six developers pre-qualified for 25MW Scaling Solar tender with storage in Madagascar

Madagascar’s Ministry of Water, Energy and Hydrocarbons (MEEH) has released a list of six pre-qualified bidders for the country’s 25MW(AC) Scaling Solar tender, which is the first to include energy storage in its remit.

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Inspired Evolution backs Alten for 500MW solar portfolio in Sub-Saharan Africa

Inspired Evolution has signed off on a deal to invest up to US$36 million in Alten RE Developments Africa, the Sub-Saharan African subsidiary of Alten Energías Renovables.

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