Tag Archives: Solar
Providing energy to help save 100 billion hours of labour every year for the world’s most vulnerable communities
The IEA has found that the amount of power from solar grew by more than 50%, and has officially increased energy output globally at a faster rate than any other fuel
Today, the U.S. Trade and Development Agency awarded a grant to Henri Fraise Fils & Cie, a Malagasy energy company, for the development and implementation of minigrids in Madagascar, where only 15 percent of the population has electricity access. The grant supports the technical and economic study of solar photovoltaic (PV) powered minigrids with integrated battery storage technology at up to 100 sites, as well as a pilot to demonstrate the minigrid solution.
Unlocking Solar Capital Africa conference features first Solar Power Incubator to Unlock Potential of Energy in the Region
Solaplaza’s (www.Solarplaza.com) ‘Unlocking Solar Capital Africa’ conference, an event focused on connecting solar project development and finance & investment, will be the first African event featuring a Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing access to funding, and commercial and technical knowledge.
In a world first, Nigeria is pioneering a new solar electricity service and it is already transforming lives.
The Moroccan Agency for Solar Energy (MASEN) has shortlisted 5 consortia to bid for the phase 1 of the 800 MW Noor Midelt solar power complex. Noor Midelt is the first complex that specifies hybrid plants including both CSP and PV. Total capacity is expected to reach 400 MW, of which 150 to 190 MW would be provided by CSP with with minimum of 5 hours storage.
The consortiums officially pre-qualified are:
Power Africa attended the Africa Energy Forum (AEF) to further advance its goal to increase energy access and power generation in sub-Saharan Africa. Through grant signings, facilitated events, and targeted meetings with government and private sector partners, Power Africa plans to further increase the number of transactions that have reached financial close. Currently, the 76 projects that have reached this status are expected to generate over 7,107 megawatts (MW) since the initiative’s 2013 launch.
FINANCIAL RISK INTERVIEW: “The solar off-grid grid space is fascinating. Like telecom it is an example where development and private interests are fully compatible.”
Exclusive interview with Harald Hirschhofer, Senior Advisor, The Currency Exchange Fund (TCX), The Netherlands. Harald is organising a TCX Risk Mitigation workshop during the F&I Forum at African Utility Week and will address attendees on “Understanding of risks and their pricing – how can the supply of long-term local currency financing and hedging be improved?“
WORLD BANK INTERVIEW: Mini and off-grid electricity, especially from sources like solar, offers increasing potential to electrify homes in many rural areas of Sub-Saharan Africa”
Exclusive interview with Lucio Monari, Director, Energy and Extractive Global Practice at the World Bank. He will address the CEO Forum at the upcoming African Utility Week on a World Bank study on the “Financial Viability of Electricity Sectors in Sub-Saharan Africa”.
By Thomas Rahkonen, Chief Technology Officer & Vice President eCentre, Flexenclosure