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MIGA backs solar-plus-storage project in Malawi with USD 24m
The Multilateral Investment Guarantee Agency (MIGA) has issued 20-year guarantees of USD 24 million (EUR 23.6 m) to JCM Golomoti UK Ltd for equity and shareholder funding investments for the development, building and construction and operation of a 20-MW solar-plus-storage plant in Malawi.
Jul 25, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Malawi, solar-plus-storage project, MIGA
IFC signs funding mandate for Voltalia's solar-storage project in Malawi
The International Finance Corporation (IFC) has actually signed a mandate to prepare funding for a 55-MW solar project with a battery storage component proposed by France's Voltalia SA (EPA: VLTSA) in Malawi.
Apr 19, 2023 // Markets & Finance News, Storage, Voltalia, ifc, Africa, PV Power Plant, Malawi
Burundi eyes doubling of large-scale solar capacity
The President of Burundi, Evariste Ndayishimiye, has actually authorized an intended doubling of the capacity of the nation's initial large-scale solar farm, a ribbon-cutting ceremony for which was held today.
May 11, 2023 // Plants, Africa, Burundi, Gigawatt Global, Evariste Ndayishimiye
Quadran to construct 4MW floating solar in Seychelles
The final version of the PPA is expected to come in force in Q1, while Quadran Seychelles is slated to start constructing the large-scale floating photovoltaic plant in Q2 of the new year.
Jan 10, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, tender, floating PV, Africa, Seychelles
Brazil to become competitive solar panel maker
According to medium-term forecasts, Brazil is likely to become a competitive PV panel manufacturer globally and a major player among Latin American countries.
Jan 29, 2020 // Manufacturing News, Markets & Finance News, South america, Brazil, PV panel
QuantmRE, SolArmy Partner to Provide Debt-Free Financing for Solar Installations
QuantmRE, a property fintech company, has formed a strategic partnership with Florida-based SolArmy to offer debt-free funding choices to home owners who desire to include photovoltaic panels to their residences with no lendings as well as no monthly settlements.
Sep 23, 2020 // Markets & Finance News, QuantmRE, SolArmy, Nizar Delbani
AEP Energy Indicators PPA for Outcome from New Savion 200-MW Solar Project in Central Ohio
American Electric Power's (NASDAQ: AEP) AEP Energy Partners subsidiary has actually authorized a lasting power purchase contract with Atlanta Farms Solar Project, currently being established by Savion, a renewable energy programmer, for the project's intended 200 MW outcome in Pickaway Co. Ohio.
Oct 30, 2020 // Plants, Large-Scale, Markets & Finance News, Solar Project, american electric power, aep energy partners, Greg Hall, Jeff James, Atlanta Farms
Lightsource bp taps Siemens to supply over 1 GW of solar inverters
UK-based solar energy developer-operator Lightsource bp is set to acquire over 1 GW of inverters for a group of solar projects in the Midwest as well as Southeast of the USA.
Apr 24, 2023 // Inverters, Lightsource BP, Siemens
Niger opens up RfQ for 50-MW solar project
The government of Niger has released a Request for Qualification (RfQ) as part of a tender for the building and construction of a 50-MW solar park.
Sep 16, 2021 // Plants, Africa, Solar Project, Niger, Gorou Banda plateau
China Three Gorges obtains projects completing 411MW from Alcazar Energy
China Three Gorges South Asia Investment has wholly obtained Dubai-based Alcazar Energy Partners' portfolios in Egypt and Jordan, totalling 411MW.
Aug 24, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, middle east, china three gorges, acquisition, alcazar
Mozambique utility seeking feasibility study for floating solar project
Mozambique's state-owned power business Electricidade de Mocambique (EDM) is seeking a working as a consultant that will carry out a feasibility research to analyze the possible as well as ramifications of establishing a floating solar farm at a hydro power storage tank in the south-eastern African country.
Jan 5, 2022 // Plants, Floating PV, Africa, Mozambique, floating solar project, Electricidade de Mocambique, EDM
Cape Town to procure 300 MW of renewables from IPPs
The City of Cape Town will certainly look for to procure as much as 300 MW of renewable resource through tendering procedures over the coming months, mayor Geordin Hill-Lewis announced today.
Feb 18, 2022 // Markets & Finance News, Cape Town, Geordin Hill-Lewis
United States to finance 500-MW solar project duo in Angola
The Export-Import Bank of the USA (EXIM) will certainly extend a direct car loan to back the building and construction of two solar parks in the Republic of Angola amounting to more than 500 MW.
Jun 7, 2023 // Plants, Markets & Finance News, USA, Africa, North America, Angola, Solar Project
Solar becoming best option for West Africa's future power mix
The Economic Community of West African States must focus on the growth of solar PV to fulfill rising power need over the following 30 years, according to a freshly released research study.
Mar 31, 2020 // Residential, Markets & Finance News, Storage, Grids, Policy, Africa, ECOWAS, Benin
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