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ACWA Power wins 300MW Saudi solar project

ACWA will sign a PPA for one of the lowest ever solar tariffs of Halala 8.7815/kWh (~US$2.342) tomorrow.

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AIIM and Helios invest in Nigerian solar-diesel-battery provider

African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and industrial clients.

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BEAM investment platform launched to deploy US$50 million for renewable energy in developing markets

The platform will look to grow off-grid energy service companies spanning solar home systems, large solar, and metering applications such as pumps and mini-grids.

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IFC and Canadian government to support renewables and energy storage in Africa

IFC, a member of the World Bank Group, and the government of Canada have formed a financial partnership that will utilise public funding to generate private sector investments to spur renewable energy, including energy storage, in Sub-Saharan Africa.

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IFC, Canadian government announce partnership to spur renewable energy in Africa

IFC, a member of the World Bank Group, and the government of Canada has formed a financial partnership that will utilise public funding to generate private sector investments to spur renewable energy in Sub-Saharan Africa.

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India’s first World Bank solar park loans sanctioned for Madhya Pradesh

Indian Renewable Energy Development Agency Limited (IREDA) has signed an agreement with Rewa Ultra Mega Solar Limited (RUMSL) to finance two major solar parks in the state of Madhya Pradesh with a first loan of INR2.1 billion (US$33 million).

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Africa Development Bank plans 10GW of solar across the Sahel by 2020

This is expected to supply power to 250 million people, with 90 million of these provided through off-grid systems.

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SECI tenders 2GW of solar connected to India’s inter-state transmission system

Solar Energy Corporation of India Limited has issued a Request for Selection (RfS) for 2GW of inter-state transmission system (ISTS)- connected solar projects across India.

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US confirms nations exempt from solar import tariffs

The US government has confirmed which countries shall be exempted from the newly-announced 30% import tariffs on solar cells and modules.

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ROUNDUP: ENGIE acquires EPS, E.On’s Texas Waves complete, Remote Chilean residential batteries

News in brief from around the world of energy storage.

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Sri Lanka’s CEB issues RfP for 90MW of small-scale solar

The Ceylon Electricity Board (CEB) has issued a request for proposal (RfP) for 90 small-scale solar projects of 1MW capacity each under the second stage of the Suryabala Sangramaya Programme – Phase II.

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