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Globe currently has 583.5 GW of functional PV
Worldwide grid-connected solar ability got to 580.1 GW at the end of 2019, together with 3.4 GW of offgrid PV, according to the International Renewable Energy Agency. Overall mounted renewables ability struck an exceptional 2,563.8 GW, with hydropower continuing to be the leading resource at 1,310.9 GW, complied with by wind at 622.7 GW.
Apr 6, 2020 // Markets & Finance News, IRENA, WORLD
Waterloo solar energy plant (75 MWp) enters into industrial operation
The Waterloo photovoltaic or pv solar energy plant is now operational. The 75 MWp center was built by the South African subsidiary of juwi Renewable Energies in behalf of a consortium of African Infrastructure Investment Managers (AIIM, a member of Old Mutual Alternative Investments) with its IDEAS fund, Reatile Solar Power (RF) (Pty), Phakwe Solar (RF) (Pty), AREP (African Rainbow Energy and Power) as well as Cicada Community Trust.
Dec 2, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, PV Power Plant
Innogy to deploy 60MW of Irish energy storage
A few large-scale battery storage installations have been constructed in Ireland in terms of DS3 scheme. Germany’s Innogy is planning to develop more Ireland-based energy storage capacity.
Feb 3, 2020 // Storage, Ireland, Europe, innogy
Is Eskom turning to solar?
The South African utility has issued a 20-strong tender for 50 kW solar inverters and mounting structures, to be used in four power plants. Although it is unclear whether the tender marks the energy company’s first step into solar energy, the procurement follows the recent publication of South Africa’s Integrated Resource Plan. Eskom is reportedly developing a renewables-linked large scale storage project which may explain the need for inverters.
Oct 28, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Inverters, tender, Africa, Chris Ahlfeldt, Eskom Holdings SOC Ltd, K.W. Miller
AREMI, Renewable Manufacturing Initiative for Africa Launched
The Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE to step up financial investment as well as action for renewable energy development in African countries.
Jan 20, 2023 // Manufacturing News, Africa, abu dhabi sustainability week, Bloomberg Philanthropies, Africa Renewable Energy Manufacturing Initiative, African Climate Foundation, AREMI, Chinese Renewable Energy Industries Association, ClimateWorks Foundation, CREIA, Damilola Ogunbiyi, SEforALL
AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara
ADB's support will certainly add to an extra 2,162-MW of installed renewable power generation capacity as well as 1.8 million tons of CO2 emission cost savings. The Bank's investment in Evolution Fund III lines up with its High Five goals, particularly, "Light Up and Power Africa" under its New Deal on Energy for Africa.
Nov 17, 2022 // Markets & Finance News, AfDB, African Development Bank, SUB-SAHARAN AFRICA, Kevin Kariuki, Christopher Clarke, Evolution Fund III, Fund for Africa, Inspired Evolution Investment Management
IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model
Concerning 100-150 MW of grid-connected solar energy will be attached through the partnership. IFC will certainly advise Ministry of Energy and the Ministry of Economy and Commerce, Kyrgyzstan, on structuring a public-private partnership (PPP) to mobilize economic sector experience and capital to construct and run a pilot solar plant.
Jan 19, 2023 // Markets & Finance News, Policy, Asia, world bank, international finance corporation, ifc, Solar Project, Kyrgyzstan, Muneer Ferozie, Taalaibek Ibraev
AfDB approves €138 million package for Tunisian grid
The African Development Bank’s (AfDB) board of directors have approved a €138 million (US$154 million) investment for Tunisia’s state-run electricity distribution network.
Oct 17, 2019 // Plants, Large-Scale, Commercial, Grids, Tunisia, Africa, African Development Bank, tunisian electricity and gas company, Mohamed El Azizi
Dominican Republic oks 23 MW of solar projects
The Dominican Republic's national power commission (CNE) on Tuesday signed conclusive concessions with a sponsor that seeks to construct 2 solar photovoltaic or pv (PV) farms with an integrated capacity of 23 MW/25.41 MWp in the Caribbean nation.
Jan 26, 2023 // Plants, Dominican Republic, North America, solar projects
Dominican Republic greenlights 148 MW of new solar
The Dominican Republic's national energy commission CNE stated on Wednesday it had actually authorized conclusive giving ins with three entities, allowing them to build 148 MW of solar farms in the country.
May 29, 2023 // Plants, Dominican Republic, North America, PV Power Plant
Juwi builds PV plant in South Africa for a gold mine's own power consumption
German Juwi AG will install a solar power plant with a capacity of 9.9 MW for Pan African Resources in South Africa.
Dec 16, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, PV Power Plant, juwi
Sonnedix obtains 150MW solar PV plant in central Chile
Independent power manufacturer (IPP) Sonnedix has proceeded its solar ramp-up in Chile with the acquisition of a 150MWp PV project from regional developer RTB Energy.
Dec 22, 2020 // Plants, UTILITY-SCALE SOLAR, IPP, Sonnedix, Axel Thiemann, Chile, South america, project acquisition
Central America's biggest PV plant goes online
A new solar project has been activated in Penonomé, in the district of Coclé, Panama. It was constructed with 450,000 photovoltaic panels and also 89 inverters.
Jan 7, 2022 // Plants, USA, North America, PV Power Plant
Green Giant: SkyPower, AFC Partner on 200-MW Solar Project
SkyPower and AFC team up to bring solar power to the DRC, driving economic growth and sustainability in Africa. A bright future ahead!
Feb 19, 2024 // Plants, PV Power Plant, SkyPower, AFC
Gravitricty plans 4MW storage in former Czech mine
Scottish company indications MoU with DIAMO to seek EU funds to convert Darkov site
Feb 22, 2023 // Storage, Europe, Czech Republic, Gravitricty