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Solar set up surge critical to lowest-cost decarbonisation pathway for Central America
Solar installations in Central America have to more than double this decade, prior to increasing once again out to 2050 if the area is to be placed on the lowest-cost path in the direction of decarbonisation, a research by the International Renewable Energy Agency (IRENA) has located.
Mar 21, 2022 // Markets & Finance News, IRENA, decarbonisation, Central America
Fortescue eyes huge H2 manufacturing with 9.2 GW of wind, solar in Egypt
Australia's Fortescue Future Industries (FFI) will certainly pursue the building of huge green hydrogen and ammonia manufacturing complex in Egypt powered by 9.2 GW of wind and also solar capacity.
Sep 12, 2022 // Solar to Fuel, Asia, Africa, Egypt, Fortescue
PV alleviation for sub-Saharan Africa in the middle of Covid-19 pandemic
Solar assistance gets on the method for neighborhoods and also services battling to deal as the coronavirus break out surges throughout the continent.
Apr 15, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, covid-19, Rural Electrification Agency, Leoncio Amada Nze, Equatorial Guinea
South African Prepaid Startup WiSolar Plans Preliminary Fund Raise
Firm to companion with property programmers on solar energy WiSolar set up 9 megawatts of power, enough for 3,000 homes
Jan 12, 2022 // Markets & Finance News, Africa, South Africa, WiSolar
Magnora increases South African renewables portfolio with developer purchase
Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).
Feb 16, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, South Africa, m&a, magnora
Chad gets financing for large scale solar-plus-storage project
An €18 million loan has been provided by the African Development Bank. The solar park, planned for capital N’Djamena, will be coupled to 4 MWh of storage.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Storage, storage, Africa, African Development Bank, chad, amea power
PV mini-grid to back Congolese farming
Equatorial Power and SustainSolar are mounting containerized, off-grid solar battery power systems to support farming projects on an island in Lake Kivu.
Jul 9, 2020 // Storage, DR Congo, Equatorial Power, SustainSolar, Abishek Bharadwaj, John Fadiran
TotalEnergies group bags 260 MW of S African power off-take deals
France's TotalEnergies SE (EPA: TTE) and its partner Mulilo have actually clinched deals to supply power from 260 MW wind as well as solar energy capacity in South Africa of what is currently the globe's largest oxygen production factory.
Feb 21, 2023 // Plants, Markets & Finance News, Africa, South Africa, TotalEnergies
Fund manager takes stakes in South African solar trio
African Infrastructure Investment Managers has acquired majority interests in the projects totalling 30MW
Jun 6, 2022 // Markets & Finance News, aiim, South African, Sean Friend
African renewables platform Lekela moves to new proprietor Infinity Power
Dublin-based renewables developer Mainstream Renewable Power as well as private equity company Actis have finished the sale of their Lekela platform, Africa's largest pure-play renewables independent power producer (IPP), to Infinity Power.
Mar 20, 2023 // Markets & Finance News, Software, Africa, LEKELA, Infinity Power
Central Coalfields to Set Up Solar Plant of 80 MWp in FY2021
Central Coalfields has actually revealed that it is preparing to mount 80 MWp ground-mounted solar power plant in the recurring.
Sep 18, 2020 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, solar projects, Central Coalfields
Masdar, Azerbaijan's SOCAR Indication Deal to Develop 4 GW Renewable Energy Projects
Both firms will certainly develop onshore wind and solar projects, and likewise incorporated offshore wind as well as green hydrogen projects. Masdar stated that its currently developing the 230-MW Garadagh Solar PV Plant in Azerbaijan.
Jan 18, 2023 // Markets & Finance News, Mohamed Jameel Al Ramahi, Masdar, Europe, green hydrogen, Azerbaijan, OFFSHORE WIND, Central Asia renewable energy, Garadagh Solar PV Plant, Rovshan Najaf, SOCAR, State Oil Company of the Republic of Azerbaijan
ACWA Power's Bokpoort Concentrated Solar Power plant breaks African record
ACWA Power, a leading programmer, investor and operator of power generation and also desalinated water plants worldwide, announced Wednesday that its South African Bokpoort CSP plant has come to be the very first eco-friendly facility in the continent to complete a complete week of continual night and day operation.
Oct 30, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, ACWA Power, Concentrated solar power, csp, termosolar
South African utility Eskom releases tender for 80 MW/320 MWh of storage
The South African national power business is preparing to release big range energy storage ability at the Skaapvlei substation. The center will help manage the periodic energy created by a 100 MW Eskom wind ranch.
Aug 3, 2020 // Markets & Finance News, Storage, pv power plants, tender, Africa, eskom, South Africa
African fund o.k.s USD-5.5 m give for Desert to Power project
The African Development Fund, the concessional arm of the African Development Bank Group, has authorized a USD-5.5-million (EUR 5.1 m) technological support give to kick off the Desert to Power project in the eastern part of the Sahel region, specifically in Djibouti, Eritrea, Ethiopia as well as Sudan, the bank has actually introduced.
Apr 11, 2022 // Markets & Finance News, Africa, Workneh Gebeyehu