IFC to aid fund 50 MW of PV in Niger under Scaling Solar
The International Finance Corp (IFC) will certainly companion with the federal government of Niger to back the construction of up to 50 MW of grid-connected solar parks in the landlocked West African nation.
Jun 17, 2021 // Markets & Finance News, ifc, Africa, Scaling Solar, Niger, Mahamane Sani Mahamadou
AfDB, GCF sign deal to repower hydro-reliant Zambia with small-scale solar
Deals have now been rubberstamped for Zambia to use small-scale solar to strengthen its climate-vulnerable power supply, in a scheme bankrolled by development financiers.
Nov 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, neoen, Africa, Scaling Solar, zambia, AfDB, gcf, enel, first solar
IFC launches $50 million climate-smart leasing project in Ukraine
The World Bank’s private investment arm, the International Finance Corporation (IFC), has agreed to provide a financing package of US$50 million to Kiev-based firm OTP Leasing for sustainable energy investments in Ukraine.
Oct 31, 2019 // Markets & Finance News, Ukraine, Europe, world bank, international finance corporation, Scaling Solar, Kosovo, otp leasing
ACWA’s ‘record’ bid wins 250MW Scaling Solar duo in Ethiopia
Saudi Arabian energy developer ACWA Power has won a 250MW duo of World Bank-backed solar projects in eastern Ethiopia.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, world bank, international finance corporation, Africa, Scaling Solar, tenders, ACWA Power, Arabia Saudi, pv projects
Ethiopia aims to set up formula for the calculation of mini-grid tariffs
Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.
Aug 12, 2019 // Grids, Tariffs, mini-grid systems, Ethiopia, Africa, Hizkyas Dufera, Scaling Solar
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