The U.S. Trade and Development Agency (USTADA) announced yesterday that it has provided a grant to Rex Energy, one of Tanzania’s largest renewable energy solutions providers, for a minigrid project in the Lake Victoria Islands, where only one percent of the population has access to electricity.
IFC, a member of the World Bank Group, announced on July 9, that IFC InfraVentures, the global infrastructure project development fund, and Scatec Solar, a Norwegian company specializing in photovoltaic solar systems, have signed documents to develop the $55 million Scatec Segou solar power project in Mali with a local developer, Africa Power 1 SA.
The Hon. Dr Kwabena Donkor, Ghanaian Minister for Power, has formally launched the rollout of PayGo home solar power in the Assin district of Central region, Ghana.
According to ‘Renewables 2015 Global Status Report‘ published past month by Renewable Energy Policy Network 21 (REN21) 2014 was a record breaking year for wind and solar PV installations globally.
Intersolar Europe is the world’s leading exhibition for the solar industry and its partners, providing a platform for the industry to showcase its innovative strength each year. The exhibition kicked off on June 10 with the Intersolar AWARD, which was presented for groundbreaking solutions in the categories of Photovoltaics (PV) and Solar Projects in Europe.
Roland Berger Strategy Consultants released last week the ‘Solar PV could be similar to the shale gas disruption for the utility industry’ report stating that solar PV market, which has developed from a niche market segment into a high growth market, will be a game changer for the utility industry.
Megalim Solar Power, Ltd., a company established by BrightSource Energy, Alstom and the Noy Fund, hosted yesterday a Cornerstone Ceremony in the southern Negev desert region of Israel to celebrate progress on the Ashalim solar project, one of the largest of its kind in the world.
The PV Market Alliance uncovered yesterday the first release of its annual PV Global Market Report, which states that PV market development up to 2020 is affected by a significant level of uncertainty but is likely to grow up to 70 GW and possibly 90 GW in the most optimistic scenario.
China will remain the world’s largest market for annual solar Photovoltaic (PV) installations with slightly over 17.6 Gigawatts (GW) in 2015, an increase of approximately 7 GW on the previous year, according to research and consulting firm GlobalData.
The Jordan News Agency, Petra, reported on Monday a major solar power venture has got underway in Jordan’s southern governorate of Ma’an with investments totaling $170 million and targeted electricity output of 52.5 megawatts.
Shams Ma’an Power Generation PSC, the company which will carry the project, launched the construction phase of the electricity generation venture which will use photovoltaic cells. The venture is the first of its kind in Jordan and the largest in the region.
Even though photovoltaic (PV) inverter shipments to China increased in 2014, significant price declines have caused revenue to drop. Despite PV inverter shipments to the Chinese market increasing nearly 18 percent last year to reach 13.3 gigawatts (GW) of alternate current (AC), revenues dropped 6 percent, according to IHS Inc., the leading global source of critical information and insight.
