InfraCo Africa commits US$3.1 million to Guinea’s first grid-connected solar project

InfraCo Africa has partnered France-based developer Solvéo Energie by committing up to US$3.1million for a 45% equity interest in the development of a 40MW solar project in the Republic of Guinea.

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World Bank plans ‘Scaling Solar and Storage’ program

The World Bank plans to make energy storage an integral part of its ‘Scaling Solar’ program, that until now has been focused purely on facilitating large-scale solar tendering, predominantly in Africa.

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World Bank plans ‘Scaling Solar and Storage’ program

The World Bank plans to make energy storage an integral part of its ‘Scaling Solar’ program, that until now has been focused purely on facilitating large-scale solar tendering, predominantly in Africa.

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ACWA Power CEO: Low solar bids are good business

Exceptionally low bids for power project tenders are good for business, ACWA Power CEO Paddy Padmanathan has told PV Tech.

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IFC finances Masdar’s 248MW solar project in Jordan

The IFC has arranged a financing package of up to US$188 million for Jordan’s largest PV plant, a 200MWac / 248MWdc project developed by Masdar Abu Dhabi Future Energy Company.

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Shell, ENGIE invest US$20m in clean microgrids for India and Tanzania

Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.

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Vietnam provinces improve solar environment but ‘cowboys’ dominate big projects

Several provincial authorities in Vietnam are developing guidelines for renewables that should improve the country’s solar market, but stubbornness from the monopoly utility EVN means that the largest-scale projects remain the preserve of big risk-takers, according to a representative of international law firm Baker McKenzie.

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MIGA to provide US$102.6 million in financing for 250MW Egyptian PV project

World Bank Group member Multilateral Investment Guarantee Agency (MIGA) is to provide US$102.6 million in financing for six PV projects in Egypt.

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ROUND-UP: Sri Lanka 10MW tender, Brazil DG funding, Rwanda solar irrigation

Sri Lanka’s CEB tenders 10MW of solar in North Central Province, Minas Gerais looking at special financing for micro and mini-generation, Energy 4 Impact granted US$1 million for small-scale solar irrigation in Rwanda

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NV Energy to consider energy storage in 330MW renewables push

NV Energy, the main electric utility for the US state of Nevada, has tendered for more than 300MW of renewable energy in a Request for Proposals that also includes consideration of battery energy storage paired with renewables.

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Atmosfair to develop PV-plus-energy storage for Iraq refugee camp

Atmosfair GmbH will build an energy storage system and PV project in Mam Rashan, a refugee camp in the Dohuk district of northern Iraq near the Syrian and Turkish borders.

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