Engie signs renewable energy deals with Egypt

On Monday, French multinational electric utility company Engie signed agreements to develop renewables with various Egyptian state-backed companies during a visit by French president François Hollande in Cairo.

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Sungrow, Samsung SDI collaborate on large-scale energy storage demonstration projects in China

PV inverter manufacturer Sungrow is partnering with renewable energy storage system market leader Samsung SDI to perform demonstrative energy storage projects in China.

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GP Tech: Solar-plus-storage case is being proven in Puerto Rico

Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.

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Winners of 2014 Brazil solar auction ask for more time – report

Developers of the majority of projects awarded in Brazil’s first solar-only tender round in 2014 have submitted a request to the regulator to delay construction by two years, according to a report.

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World Bank aims for 30GW of renewable energy in new climate action plan

The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.

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Danish investor joins Younicos’ €24m multi-megawatt ‘grid-forming’ Portuguese island project

Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.

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Japan’s government confirms plans for solar tender

Japan’s government has given its clearest indication to date of planned rule changes around renewable energy policy, including official confirmation that a tender process is being put before its parliament for the 2017 financial year.

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One in three off-grid households will use solar products by 2020

One in three off-grid households worldwide will use solar products by 2020, according to a new report from the World Bank and Bloomberg New Energy Finance (BNEF).

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Analysis: Business climate easing as construction starts on East Africa’s largest PV project

French PV company EREN Renewable Energy and developer Access Infra Africa, a subsidiary of Access Power, have begun construction of a 10MW solar PV plant in Uganda, which will be the largest project in the Eastern region of Sub-Saharan Africa once complete.

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Round-up: Eaton to sell AES’s Advancion, SMUD halts 400MW hydro project, Schneider’s 1MW

Eaton to sell AES’s Advancion in Europe and MENA region, Schneider Electric plans 1MWh micro grid in Boston, California community-owned utility cancels 400MW pumped hydroelectric storage project.

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Senegal plans 200MW solar via IFC ‘Scaling Solar’ programme

The government of Senegal plans to develop 200MW of solar power as part of the World Bank Group’s initiative ‘Scaling Solar’, which aims to assist African countries in procuring renewable energy quickly and affordably power through private investment.

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