BBOXX, an off-grid clean energy solutions provider in Africa, and General Electric (GE) have launched a partnership to provide energy access for small businesses and schools in Goma, Democratic Republic of Congo. The partnership between […]
SenseHawk, a San Francisco-based artificial intelligence solar analytics firm, has raised $2 million from SAIF Partners and other angel investors in Series A funding. The investment will be used for advancing innovation and business expansion […]
IIX Global, a Singapore-based organisation, has invested $1.66 million in SOLshare, a Bangladesh-based off-grid solar energy firm. The investment has been made under the Series A round from the IIX Growth Fund and is the […]
Soltec, a solar tracker firm, has signed a Euro 100 million syndicate credit facility with 11 banks to expand its international business in five continents by opening subsidiaries. The financial operation was led by Banco […]
Guatemala-based CMI Group and the El Salvador-based unit of AES Corporation have completed the installation of the first tranche of the 100 MW Bosforo solar project, in which they have commissioned about 30 MW of […]
The Italian government has announced that it will extend the fiscal incentive given for the installation of residential PV systems linked to sustainable house building and renovations to small-sized storage systems. According to the Italian […]
Tanzania Electric Supply Company Limited (Tanesco) has issued a request for qualification tender for the construction of large-scale solar PV projects with a combined capacity of 150 MW. The projects will be set up at […]
The Spanish government has announced plans to promote solar energy capacity addition in the country. The government is planning to stabilise electricity prices as well as facilitate private power purchase agreements (PPAs) to support the […]
Sri Lanka’s Ministry of Finance and Mass Media has entered into an agreement with the Asian Development Bank (ADB) wherein the bank will loan $50 million to the country for developing rooftop solar projects. The […]
Nepal has revived a deal with China’s state-owned firm Gezhouba Group Corporation, to construct the 1.2 GW Budhi Gandaki Hydropower Project in the country at an approximate cost of $2.5 billion. The project had earlier […]
The French government has announced its allocation of funds for the development of the renewable energy sector in the country for 2019-20. The total spending on renewable energy projects, mostly solar and wind, is estimated […]
The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, has committed an amount of $25 million towards the Solar Energy Transformation (SET) Fund LLC, which will give loans to off-grid solar products […]
The International Finance Corporation (IFC), part of the World Bank Group, will help Afghanistan’s government to tender a 40 MW solar power project. According to the IFC, the project will be developed in public-private partnership […]
The World Bank Group has committed $1 billion towards a global programme to accelerate investment in battery storage systems in developing and middle-income countries. The commitment was made on the eve of the One Planet […]
The National Energy Administration (NEA) of China has decided to discontinue feed-in tariffs and released the 2018 Wind Farm Construction and Management Rules, detailing the auctioning system for future wind power projects. Henceforth, all onshore […]
The Asian Development Bank (ADB) has raised Euro 600 million for supporting climate change mitigation and adaptation projects by issuing a seven-year green bond. The bond has a coupon rate of 0.35 per cent payable […]
ADB has announced a loan of $20 million to Bangladesh under its Power System Efficiency Improvement Project for the development of off-grid solar solutions in the country. In addition, the bank will provide a $25.44 […]
The World Bank has announced a $500 million fund to develop two solar power plants along the Khyber Pass in Sindh, Pakistan. The Sindh Solar Energy Project will support independent power producers in building 400 […]
The African Development Bank (AfDB) has approved a $27.78 million project to secure a loan from Société Générale de Banque in Côte d’Ivoire, Crédit Agricole Corporate and Investment Bank. The funds will be utilised for […]
India has announced an upcoming partnership with Suriname to develop solar energy projects in Suriname. Reportedly, India will support Suriname by providing a concessional funding of $20 million to set up a solar project, which […]
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