State Bank of India to lend US$357 million to seven companies for rooftop solar

State Bank of India (SBI) is to lend INR23.17 billion (US$357 million) to seven companies for 575MW of grid-connected rooftop solar projects under a World Bank programme.

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Kulachi seeking EPC services for 50MW solar project in Pakistan

Kulachi Solar Power Project (Private) Limited is tendering for EPC services on a 50MW solar PV project near Kulachi, in the Khyber Pakhtunkhwa (KP) Province of Pakistan.

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IFC-led consortium finalises ‘largest private sector financing package’ for solar in MENA region

The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.

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Enerray to develop 30MW PV project in Cameroon

Enerray, though the company EB Solaire, is developing a 30MW PV project in Cameroon, with Enerray set to serve as EPC provider for the plant.

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Soltec expects to supply more than 1.1GW of single-axis trackers in 2017

Single-axis solar tracker firm Soltec, headquartered in Spain said it expects to double its turnover and supply more than 1.1GW of trackers in 2017.

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World Bank approves US$35 million for renewables and energy access in Haiti

The bank noted that more than five million people could be reached through solar PV.

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Redavia develops 300kWh of diesel and kerosene-replacing microgrids in Tanzania

Rental solar power company Redavia has commissioned two microgrid PV-plus-storage systems totalling 303kWh of energy storage capacity, both located in the Songwe region in western Tanzania.

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PEG raises US$13.5 million for off-grid home solar in West Africa

Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.

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Centrica invests in energy blockchain start-up LO3 Energy

Centrica has thrown its weight behind New York-based start-up LO3 Energy, which specialises in blockchain solutions for the energy market.

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Banco do Nordeste to provide financing for 482MW of solar projects in Brazil

Brazilian bank Banco do Nordeste announced that it will provide financing for a portfolio of PV projects in Brazil that boast a combined generation capacity of 482MW.

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Enel consortium wins 100MW Ethiopia solar tender

A consortium including Enel Green Power, a subsidiary of Italian power giant Enel, and Ethiopian infrastructure company Orchid Business Group has won a 100MW solar tender floated by the utility Ethiopian Electric Power (EEP).

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