World Bank’s India loans to support transmission network and wind storage hybrid innovation

The World Bank’s groundbreaking US$1 billion loan for Indian solar will partly focus on improving transmission for solar parks and innovation in wind and energy storage hybrids, according to a senior government official.

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New French tenders put country in contention for top European market spot

New French tenders announced last week could see the country become the largest single source of solar end demand in Europe.

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State Bank of India receives US$625 million facility from World Bank for rooftop solar

The State Bank of India (SBI) has signed agreements with the World Bank for a US$625 million facility specifically to support India’s grid-connected rooftop solar programme.

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World Bank to lend US$1 billion for Indian solar push in 2017

The World Bank Group today signed an agreement with the International Solar Alliance (ISA), which was formed at the COP21 Paris summit last year, and is comprised of 121 countries led by India, to partner on scaling up solar energy use globally, with the goal of mobilising US$1 trillion in investments by 2030.

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Development banks ‘filling the gaps commercial capital won’t’ in Africa’s energy sector

A panel of development finance institutions and project developers at the annual Africa Energy Forum on Friday discussed how they are shaping the continent’s emerging energy sector; in taking on the risk that commercial capital typically will not.

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No bankability issues for major Chinese inverter firms

The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.

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White House’s ‘first executive push for energy storage’ could raise US$1 billion i

The White House announcement of new developments and investment in energy storage has been characterised as “the first executive office push for energy storage” that will “undoubtedly galvanize” the industry, in a new GTM Research brief by the firm’s energy storage director Ravi Manghani.

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ROUNDUP: DNV GL’s GRIDSTOR, Indian National Storage Mission, Juwi & KPS pair up on Austral

DNV GL looks to update recommended practice guidelines for grid-connected energy storage systems, India toys with ‘National Storage Mission’ strategy, Juwi and KPS ally on solar, storage and diesel hybrids for remote Australian mines,

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Investments in solar energy grow to US$9.4 billion in 2015 – World Bank

Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.

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World Bank backs US$1.1 billion projects in northern Kenya

The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.

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Rwanda villagers’ solar water pumps to be powered by Tesvolt’s off-grid storage

German storage manufacturer Tesvolt has been awarded a project to power water pumps in Rwanda with 2.68MWh of battery storage linked to a utility-scale solar system.

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