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BBOXX closes US$50 million funding round led by Mitsubishi
BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.
Aug 29, 2019 // Markets & Finance News, Germany, Europe, Africa, bboxx, mitsubishi, Mansoor Hamayun, PowerGen Renewable Energy, Rafiki Power, E.on SE
Sahel summit backs ‘Desert to Power’ plan to bring solar to 60 million
An African Development Bank (AfDB) initiative that wants to install 10GW of solar energy across the Sahel by 2025 was endorsed by G5 Sahel heads of state at a summit held last week in Ouagadougou, Burkina Faso.
Sep 17, 2019 // Plants, Large-Scale, Commercial, USA, France, Europe, Africa, North America, AfDB, G5 Sahel, Christian Kaboré, Akinwumi Adesina
Algeria selects solar to power 4GW, five-year eco-friendly press
Algeria has actually laid the structures for a solar boom, a roadmap that would certainly see mounted ability blow up ten-fold in the room of 5 years.
May 22, 2020 // Plants, Large-Scale, Markets & Finance News, pv power plants, solar pv, policy and regulation, Africa, mena, Algeria, northern africa, maghreb
Botswana Power Corporation Awards Scatec ASA First Huge Scale Solar Agreement
Scatec will certainly create the solar energy center with an acquired capacity of 50 MW at Selebi Phikwe.
The solar power plant will make sure that roughly 48,000 lots of CO2 emissions will be avoided and power roughly 20,000 homes annually.
Sep 2, 2022 // Markets & Finance News, Scatec, power purchase agreement, African Development Bank, Jan Fourie, Botswana Power Corporation, Botswana solar project, Botswana Vision 2036, BPC
Egypt Wants To Construct 2 Large Solar, Wind Projects
The New and Renewable Energy Authority revealed that the solar power plant that could be developed will have a generation capacity of 830 MW and also a wind energy project would generate concerning 1,700 MW.
NREA detailed both planned projects as 'under research'.
Sep 6, 2022 // Plants, Asia, Africa, Egypt, ReNew Power, Benban Solar Park, NREA, Solar Project, New and Renewable Energy Authority
Voltalia inks South Africa solar PPA with Rio Tinto
Developer is constructing a 148MW project in Limpopo province to provide output for the agreement
Oct 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, Voltalia, Africa, South Africa
Rio Tinto, Voltalia to Supply Solar Power to Richards Bay Minerals
The solar power will certainly be used for the operations at KwaZulu-Natal, South Africa.
Voltalia's solar project will certainly be full by 2024 and will certainly supply an annual generation capacity of approximately 300GWh.
Oct 7, 2022 // Markets & Finance News, Voltalia, Sebastien Clerc, Renewable Energy, Solar Power, integrated resource plan, Black Economic Empowerment, Bolobedu Solar PV, KwaZulu-Natal, RBM, Richard’s Bay Minerals, Sinead Kaufman, South African mineral company
AfDB, MASEN and RES4africa to pass on solar training for Sahel Countries
The solar training programme will certainly be performed in Burkina Faso, Chad, Mali, Mauritania and Niger.
The programme and tripartite cooperation is viewed as a timely opportunity for capacity structure for the Desert to Power effort.
Jun 6, 2022 // Markets & Finance News, Africa, Mali, AfDB, chad, Mauritania, Burkina Faso, masen, Niger, north africa, Ali Zerouali, Desert to Power, Daniel Schroth, Roberto Vigotti, Sahel Countries
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy
The 6-MWp solar PV plant developed by Infinity Power Holding in Sharm El-Sheikh is functional and ready to offer clean, renewable resource to COP27.
The solar plant will remain to run after the conference.
Nov 8, 2022 // Plants, Large-Scale, Commercial, Mohamed Jameel Al Ramahi, Masdar, sustainable energy, Sharm El-Sheikh, COP 27, Infinity Joint Venture, Infinity Power, Nayer Fouad, UNFCCC
UAE to Invest $2 Billion in Solar Power in Zambia
The said investment is anticipated to enhance the power generation base the southern African country by majority.
First, 500MW of solar energy will certainly be established in the scheme of things.
Jan 18, 2023 // Markets & Finance News, Masdar, Africa, zambia, Joint Development Agreement, Hakainde Hichilema, Zesco
ABB to Exit Solar Inverter Business, at a Cost of $470M
It’s the third big solar inverter player so far this year to move out of an increasingly challenging market.
Jul 9, 2019 // Markets & Finance News, ABB, Lindsay Cherry, Wood Mackenzie Power & Renewables, Tarak Mehta, EcoStruxure, IOT platforms, Kaco’s
Baywa r.e. plugs in 7.5-MWp solar-plus-storage plant in Germany
German renewables company BayWa r.e. AG has actually brought live a 7.5-MWp solar park incorporated with 4 MWh of battery storage space capacity in the state of Baden-Wuerttemberg.
Jun 10, 2022 // Plants, Large-Scale, Commercial, Germany, Europe, baywa r.e., solar-plus-storage plant
RIC Energy starts 23-MWp solar project in Uganda
Spanish solar PV developer RIC Energy revealed on Wednesday it had actually launched building of a 23-MWp solar (PV) farm in Uganda.
Jul 21, 2022 // Plants, Large-Scale, Commercial, Africa, RIC Energy, Uganda, Solar Project
Solar O&M expert Nomad Electric goes into Romanian market
By opening its new Bucharest office, the team is expanding beyond its core market in Poland
Nov 28, 2022 // Markets & Finance News, Europe, Romania, Nomad Electric
Projekt Solartechnik secures PPA for 22 MW of Polish PV farms
Polish renewable resource developer Projekt Solartechnik (PST) stated today it will provide power from solar (PV) farms of a total of 22 MW to domestic renewable energy trader Respect Energy for nearly six years under a power purchase agreement (PPA).
Jan 19, 2023 // Plants, Large-Scale, Commercial, Poland, Europe, PV Power Plant