EBRD signs off on support for 750MW of Egyptian solar

The European Bank for Reconstruction and Development (EBRD) has approved US$500 million of financing for 750MW of PV projects in Egypt.

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African solar must find its feet beyond development finance

Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.

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Enel commissions 158MW solar park in Brazil

Enel Green Power (EGP), a subsidiary of Italian power giant Enel, has commissioned its 158MW Lapa solar park in Bahia, which is currently the largest PV project operating in Brazil.

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Zambia’s IDC prequalifies 12 bidders for 300MW solar auction

A total of 12 bidders have been prequalified following the Request for Qualifications (RFQ) for Zambia’s second round of Scaling Solar tenders for up to 300MW of PV projects.

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Four African nations join International Solar Alliance

Djibouti, Cote d’Ivoire, Somalia and Ghana have signed a framework agreement to join the International Solar Alliance (ISA), while Comoros is expected to sign and submit its ratification instrument today.

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12 countries join India to commission ISA study on solar risk mitigation

The International Solar Alliance (ISA) is starting to make tangible progress after several countries agreed to support commissioning of a study on a common risk mitigation mechanism (CRMM) for PV generation.

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Solar dominates in Access Power’s ACF winners’ shortlist

Emerging market project developer, owner and operator Access Power has announced the shortlist of winners for financing under its Access Co-Development Facility (ACF) fund, with solar forming the largest share of projects.

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Nepal looking to launch grid-connection program for 25MW of solar

The Nepal Electricity Authority is on the search for consulting services in preparation of the launch of the energy authority’s Nepal Grid Solar and Energy Efficiency Project.

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Solarpack receives funding for 135MW solar portfolio in Chile, India

Spanish PV project developer Solarpack announced last week that it has closed the financing process for nine PV projects in Chile and India for a total amount of US$104 million.

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d.light partners with microfinance institution Musoni for off-grid solar in Kenya

Off-grid solar product distributor d.light has partnered with cloud-based microfinance institution Musoni to expand access to solar for low-income consumers in Kenya.

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Reports: Alfanar Energy signs PPA for 50MW solar plant in Egypt

Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.

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