John Cockerill to Supply Thermal Receivers to Redstone CSP Plant in SA
John Cockerill, a Belgium-based design company, has exposed that it will provide molten salt solar thermal receivers to Redstone's 100 MW Concentrated Solar Energy Plant (CSP) in the North Cape Province of South Africa.
Jul 28, 2021 // Plants, Markets & Finance News, Thermal, Africa, South Africa, ACWA Power, Rajit Nanda, International, csp, Concentrated Solar Power Plant, John Cockerill, Redstone CSP Plant
ST's Bouskoura Plant to Utilize 50% Energy from Renewables by 2022
French-Italian semiconductor producing firm STMicroelectronics has actually announced that its Bouskoura site in Morocco will certainly obtain 50% of its energy from renewable resources by 2022 compared to 1% in 2020, as part of its activity strategy to accomplish carbon-neutrality by 2027.
Jul 28, 2021 // Markets & Finance News, Africa, Morocco, Renewable Energy, Bouskoura, STMicroelectronics, Fabrice Gomez
Total Eren to develop 50-MWp solar park in Gabon
Independent power manufacturer Total Eren intends to construct a 50-MWp solar photovoltaic (PV) park near the resources of Gabon, Libreville.
Jul 22, 2021 // Plants, Large-Scale, Commercial, Total Eren, Africa, Solar Park, Gabon
French Firm Tysilio Brings Solar Energy to Senegalese Farms
The company will certainly build a containerised planetary system with 60 kWh battery storage space. The system is anticipated to produce 32.8 MWh annually, saving farmers 10 million CFA francs (more than 15,000 euros) in operating and upkeep expenses.
Jul 19, 2021 // Plants, Commercial, Markets & Finance News, Storage, France, Europe, Africa, Senegal, Prodac, Tysilio
BlackRock to sustain renewables in emerging markets with US$ 250m capital raising
BlackRock has protected more than US$ 250 million for a finance automobile that will invest in renewables and power storage space projects in nations throughout Asia, Latin America and Africa.
Jul 12, 2021 // Commercial, Markets & Finance News, Storage, BlackRock, Latin america, Asia, Africa, emerging markets, Climate Finance Partnership, Jochen Flasbarth
RP Global, Oolu develop C&I solar JV in West Africa with Nigerian debut
Renewables developer as well as financier RP Worldwide and solar supplier Oolu Solar are introducing a joint venture (JV) in West Africa to serve commercial as well as industrial (C&I) consumers in the region.
Jun 24, 2021 // Plants, Markets & Finance News, Africa, West Africa, Nigeria, RP Global, Oolu, solar JV
Togo Solar Plant With Jakson As EPC Inaugurated
The Head of state of Togo, Faure Essozimna Gnassingbé inaugurated a 50MWp Solar Power Plant in the West African nation. The Sheikh Mohamed Bin Zayed Solar Power Plant Project is being created by AMEA Power, Dubai and developed, set up, commissioned, and executed by Jakson Group from India. The West African Development Bank and Abu Dhabi Fund for Development (ADFD) given concessional car loans for the project.
Jun 23, 2021 // Plants, Large-Scale, Commercial, Africa, amea power, Jakson, Sheikh Mohamed Bin Zayed, Solar Power Plant Project, Togo solar
EIB approves EUR 1.4 bn in funding for renewables in Europe, Africa
The European Investment Bank (EIB) has approved EUR 1.4 billion (USD 1.67 bn) in funding for renewable resource, the EUR lender announced on Thursday.
Jun 18, 2021 // Markets & Finance News, Europe, Africa, european investment bank, eib
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
Berkeley Energy elevates EUR130 million for second African Energy Fund
Renewables programmer Berkeley Energy has actually elevated EUR130 million (US$ 157.5 million) in the first close of the Africa Renewable Energy Fund II (AREF II).
Jun 17, 2021 // Markets & Finance News, Africa, Berkeley, AREF, AREF II
African coal plant driver looks to solar for new power JV
Mozambique-based coal driver Ncondezi Energy has actually revealed a joint endeavor (JV) with South African-based NESA to target South Africa's C&I solar as well as storage space markets
Jun 14, 2021 // Plants, Markets & Finance News, Africa, Mozambique, Ncondezi, australia energy storage council, NESA, offgrid solar
Globeleq breaks ground on 15-MW solar-plus-storage plant in Mozambique
Independent power producer (IPP) Globeleq Generation Ltd has begun construction service a 15-MW solar photovoltaic or pv (PV) park with a 2-MW/7-MWh power storage system in Mozambique.
Jun 14, 2021 // Plants, Large-Scale, Storage, Africa, Mozambique, PV Power Plant, Globeleq
South Africa increases licensing exception threshold for ingrained generation
South Africa's solar market has welcomed a new reform that will certainly raise the nation's licensing exception limit for ingrained generation projects from 1MW to 100MW.
Jun 12, 2021 // Markets & Finance News, Grids, Policy, Africa, South Africa, embedded generation, sapvia, commercial and industrial
Renewables Readiness Assessment: The Republic of Tunisia
Tunisia has actually experienced expanding dependence on imported fossil fuels over the past 20 years, mostly as a result of enhancing energy usage throughout its nationwide economic situation and also dropping domestic hydrocarbon production.
Jun 10, 2021 // Market Research, Tunisia, Africa
Renewvia Energy safeguards USD-1m of SIMA funds for solar mini-grids in Kenya
United States solar designer Renewvia Energy Corporation revealed on Wednesday that it has actually gotten a USD-1-million (EUR 820,400) dedication from impact investor Social Financial investment Managers and also Advisors LLC (SIMA) to develop brand-new solar mini-grids and electrify country neighborhoods in Kenya.
Jun 2, 2021 // Markets & Finance News, Grids, Kenya, Africa, Renewvia Energy, solar mini-grids, SIMA, Trey Jarrard, Asad Mahmood