fbpx

Akuo Solar secures financing for 50MW solar project in Mali

The West African Development Bank (BOAD), Emerging Africa Infrastructure Fund (EAIF), the National Bank of Agricultural Development of Mali (BNDA), Green Africa Power (GAP) and GuarantCo have agreed to finance a 50MW PV project in Mali.

Read more

‘Surprise’ four-fold oversubscription in Karnataka’s 860MW PV tender just as another 1.2GW issued

Karnataka’s 860MW solar tender has been oversubscribed by four times and the state has released another 1.2GW tender, to the surprise of a top analyst firm that foresees grid integration troubles ahead.

Read more

Off Grid Electric using US$55 million financing from EDF, GE and others for Ghana expansion

Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).

Read more

EDF, GE fuel Off Grid Electric’s Ghana push with US$55 million Series D financing

Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more