The Sun Exchange: Bitcoin is the answer to Africa’s solar finance headaches

Bitcoin and other cryptocurrencies can overcome Africa’s relative lack of financial infrastructure and unlock its solar potential, according to the CEO and founder of The Sun Exchange.

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The global nature of solar adoption highlighted in new BNEF report

Solar PV (photovoltaics) penetration in emerging markets is rapidly expanding as system costs continue to fall, according to Bloomberg New Energy Finance (BNEF) annual ‘Climatescope’ survey.

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Wärtsilä to build Nigeria’s ‘largest’ solar project

Wärtsilä has been awarded the EPC contract for what will be the largest PV project in Nigeria.

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Lyon confirms sell-off for 800MWh energy storage, 545MW of PV across three Australia projects

Australian large-scale renewables investor Lyon Group has confirmed it is selling three projects under development, totalling 800MWh of energy storage and 545MW of PV generation capacity, in Queensland, Victoria and South Australia.

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Is India’s 20GW+ a year solar plan realistic?

India has announced plans for an unprecedented solar procurement regime that aims to tender 20GW in 2017/18, followed by another 30GW in each of the two following years, but analysts have described the policy as “completely unrealistic”.

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Tanzania demonstrates Africa’s mini-grid opportunity

Solar Media, the publisher of PV Tech, has identified more than 50 potential mini-grid projects in Tanzania ahead of its Solar & Off-Grid Renewables Summit in Dar Es Salaam on 5-6 December.

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Cambodian utility and ADB eye first stage solar park tender in June 2018 – SORSEA

Cambodia’s national utility and the Asian Development Bank (ADB) hope to tender out the first stage of their 100MW solar park programme in June 2018, according to a prominent ADB figure, who was speaking at the Solar and Off-Grid Renewables Southeast Asia (SORSEA) conference in Bangkok.

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World Bank to provide US$100 million financing for Indian solar parks

India’s government has signed a $98 million loan agreement and US$2 million grant agreement with the World Bank to facilitate India’s 2022 renewable energy target through solar parks.

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VINCI Energies wins contract for eight PV plants in Senegal

UK based firm, VINCI Energies has won a €26.9 million contract to build eight PV power plants in Senegal with a combined capacity of 17MW.

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Custom Solar lands three-year Associated British Ports tender for ‘major’ solar roll-out

Custom Solar has won a tender from Associated British Ports (ABP) to install solar under a three-year framework agreement.

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KfW, ATI establish credit facility to spur renewable projects in Africa

The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).

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