Market News
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Renewables up, fossil fuel stocks down
Posted on :Wednesday , 6th January 2016
2015 was a landmark year for climate action. Its many highlights were topped by a Paris agreement where 195 countries set themselves on a low-carbon path via economy-wide plans sure to be developed and strengthened every year.
In the meantime, climate chaos continues to build: 2015 was the warmest year of the warmest decade since we started recording temperatures. 2016 is forecas. . .IFC and Alten-led consortium to develop 120MW PV plant in Nigeria
Posted on :Tuesday , 29th December 2015
International Finance Corporation (IFC) and Alten Middle Band Solar One have agreed to jointly develop a 120MW solar photovoltaic power project in Kogi State, Nigeria
Alten has signed the agreement with a consortium of power plant developers such as Green Continent Partners Holding B.V. and Nemoante.
The Kogi State plant will supply power t. . .Off Grid Electric Raises $45 Million in Debt Financing
Posted on :Tuesday , 22nd December 2015
Off Grid Electric, a micro-solar leasing platform for Africans, has raised $45 million in debt financing for solar power and battery storage. The Packard Foundation, Ceniarth, Calvert Foundation and other family offices will lend up to $40 million to the fund. The US Agency for International Development's Development Innovation Ventures program has also provided a $5 million grant.
&n. . .UK’s Energy to boost solar power in Africa
Posted on :Tuesday , 22nd December 2015
Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities
solar succo pixabayThe campaign intends to accelerate the development of Africa’s emerging solar market, working with African governments, investors, businesses, NGOs, think tanks, and other d. . .JA Solar to supply solar modules in Africa
Posted on :Monday , 21st December 2015
leading Chinese solar products manufacturer, JA Solar Holdings Co., Ltd., has been awarded a contract to supply 100MW of photovoltaic solar modules in Zimbabwe.
The project will be made up of combined installed capacity of 300 MW given that the solar modules will be supplied to one of the first 3 large-scale ground-mounted solar power facilities in Zimbabwe un. . .Please Select an Option
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