Business Archives

Solar Finance Solutions Africa to bridge funding gap for solar and energy storage projects in Sub-Saharan Africa

March 21, 2016/in Business, Events/by Solar Business Hub

Solarplaza’s Africa-featuring event series returns for the sixth time to help Africa get one step closer to viable generation and consumption of sustainable energies.

Project manager for the Africa-EU Renewable Energy Cooperation Programme (RECP), Ina de Visser, recently said in an interview with global events organizer Solarplaza, that project developers in Sub-Saharan Africa (SSA) states are confronted by profound difficulty in financing commercial and industrial projects, whereas lenders in the region claim that they fail to source bankable projects.

Doubling renewables can save up to USD 4.2 trillion annually by 2030, IRENA says

March 18, 2016/in Business/by Solar Business Hub

Doubling the share of renewables in the global energy mix by 2030 can save up to USD 4.2 trillion annually by 2030, according to a new report by the International Renewable Energy Agency (IRENA). Savings would be up to 15 times higher than costs, thanks to avoided expenditures on air pollution and climate change.

South Africa Launches R5 Billion Concentrated Solar Power Plant

March 15, 2016/in Business/by Solar Business Hub

A 50 MW concentrated solar power plant, built by Saudi Arabia’s ACWA Power-led consortium, was officially inaugurated on Monday in Bokpoort near Upington, the Northern Cape region of South Africa.

U.S. Solar Market Set to Grow 119% in 2016, Installations to Reach 16 GW, report says

March 12, 2016/in Business/by Solar Business Hub

The U.S. solar market is set to grow a staggering 119 percent this year says GTM Research in its latest “U.S. Solar Market Insight Report 2015 Year in Review“, published in conjunction with the Solar Energy Industries Association (SEIA).

Global utility-scale solar PV capacity exceeds 60 GW in 2015, Wiki-Solar says

March 8, 2016/in Business/by Solar Business Hub

Figures released on yesterday by utility solar authority Wiki-Solar.org show that global capacity of large-scale PV generating capacity exceeded 60 GW at the end of 2015. More than 22 GW of new plants were commissioned in 2015, setting a sixth consecutive annual record.

Solarplaza’s Trade Mission set to unlock capital for solar projects in South East Asia

March 3, 2016/in Business, Events/by Solar Business Hub

Quick Facts:

Event type: 5-day trade mission
Where: Vietnam and Thailand
When: 18-22 April 2016

Solarplaza, a leading international solar industry event’s organizer, has announced a 5-day trade mission, which will take place from 18th to 22nd April 2016 at Vietnam and Thailand.

Greenlight Planet raises $5M in financing to expand solar off-grid energy access in the developing world

February 29, 2016/in Business/by Solar Business Hub

The Overseas Private Investment Corporation (OPIC), a U.S. government’s development finance institution, signed an agreement with Greenlight Planet, Inc. to finalize $5 million in OPIC financing to support its expansion to provide affordable solar off-grid energy access across the developing world.

Morocco Launches World’s Largest Solar CSP Plant

February 6, 2016/in Business/by Solar Business Hub

HM King Mohammed VI chaired on Thursday, the official commissioning ceremony of the first plant of the Noor Ouarzazat solar complex (Noor I), and the official launch of the construction works of the second and third plants (Noor II and Noor III) of the largest concentrated solar power (CSP) plant in the world.

Spain’s TSK and Abu Dhabi’s Enviromena to build the largest photovoltaic plant in Jordan

December 22, 2015/in Business/by Solar Business Hub

The Ministry of Energy and Mineral Resources of Jordan (MEMR) awarded last Sunday the construction of the largest photovoltaic plant to date in the country to the the consortium formed by the Spain’s TSK Group and UAE’s Enviromena Power Systems , as the main project forming part of the ambitious Jordanian development plan for renewable energies, which has set a target of 10 per cent of the country’s energy supply to come from renewable sources by 2020.

Australia invests AUD 69 million in a 25 MW Community Solar Farm in Queensland

December 17, 2015/in Business/by Solar Business Hub

The historic sheep and cattle grazing Queensland town of Barcaldine will be home to a new big solar farm, creating jobs in the region and boosting large scale solar in Australia. The $69 million Barcaldine Remote Community Solar Farm (BRCSF) project is due for completion in April 2017.

ADB funds $6 million for off-grid solar home systems in rural India

December 8, 2015/in Business/by Solar Business Hub

The Asian Development Bank (ADB) announced last week that it is administering a $6 million loan from the Clean Technology Fund (CTF) to help Simpa Energy India Private Ltd expand its off-grid solar home system service to underserved markets in rural India.

EBRD to Provide 500 million USD for Solar Energy Program in Egypt

December 2, 2015/in Business/by Solar Business Hub

The European Bank for Reconstruction and Development (EBRD) reported on Monday that it has earmarked up to US$ 500 million for 2016 to support Egypt’s new solar energy programme, which aims to construct up to 2,000 MW of utility-scale solar generating capacity as part of an ambitious target to secure 20 per cent of electricity from renewable sources.

Solar Finance Solutions Africa to bridge funding gap for solar and energy storage projects in Sub-Saharan Africa

Doubling renewables can save up to USD 4.2 trillion annually by 2030, IRENA says

South Africa Launches R5 Billion Concentrated Solar Power Plant

U.S. Solar Market Set to Grow 119% in 2016, Installations to Reach 16 GW, report says

Global utility-scale solar PV capacity exceeds 60 GW in 2015, Wiki-Solar says

Solarplaza’s Trade Mission set to unlock capital for solar projects in South East Asia

Greenlight Planet raises $5M in financing to expand solar off-grid energy access in the developing world

Morocco Launches World’s Largest Solar CSP Plant

Spain’s TSK and Abu Dhabi’s Enviromena to build the largest photovoltaic plant in Jordan

Australia invests AUD 69 million in a 25 MW Community Solar Farm in Queensland

ADB funds $6 million for off-grid solar home systems in rural India

EBRD to Provide 500 million USD for Solar Energy Program in Egypt

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