African Off-Grid Solar Company Raises €19 Million Funding
Africa focused Off-Grid Solar Electrification Company WeLight Secures International Funding To Bring Reliable Energy To 120 Madagascar Villages
Rural electrification operator of off-grid solar power systems in Africa, WeLight has raised a collective investment of €19 million from international lenders, including the European Investment Bank (EIB), to enable it to build small solar mini-gri.
Solar Power Activity Picking Up Steam In Portugal
Lots Happening On Portugal’s Solar Stage With Foray Of Octopus Energy, EIB Finance For Iberdrola’s Solar Plants & Neoen Constructing Country’s Largest PV Project
Having simplified its environmental licensing regime for renewable energy projects, Portugal is seeing an uptick in activity related to solar PV technology with Octopus Energy entering the country’s green generation market, Iberdrola securing Europ.
‘Unprecedented’ €1 Billion Financing For RE In Europe
Aquila Capital Raises €1 Billion Construction Facility For 2.6 GW Renewable Energy Capacity
The European clean energy development platform of German investment manager Aquila Capital has solar & onshore wind heavy renewable energy project volume of 2.6 GW in Spain and Portugal for which it has raised an ‘unprecedented’ €1 billion construction facility.
60 MW Scaling Solar PV Capacity Commissioned In Senegal
Engie, Meridiam & FONSIS Energize 60 MW Solar In Senegal, Financed By IFC, EIB & Proparco, Under World Bank Backed Scaling Solar Program
Two solar power plants in Senegal have come online representing 60 MW AC capacity in cumulative, under the World Bank backed Scaling Solar program.
International Lenders Back 100 MW Uzbek Solar Project
EIB, EBRD & Proparco Commit €87.4 Million For One Among 1st Private Sector Renewable Energy Projects In Uzbekistan, Total Eren’s 100 MW AC Solar Facility Near Samarkand
French energy behemoth Total’s renewable energy platform Total Eren has raised from European lenders €87.4 million ($106 million) for its 1st renewable energy project in Uzbekistan, a 131.3 MW DC/100 MW AC solar facility near Samarkand.
EIB Backs 50 MW Burkina Faso Solar Project
European Investment Bank To Support 37 MW Solar Project Of Sonabel In Burkina Faso To Expand To 50 MW Capacity With €38.5 Million
The European Investment Bank (EIB) has committed its financial support to a solar power project in Burkina Faso. This will expand its capacity from 37 MW today to a total of 50 MW.
Palestine School Rooftop Solar Phase I Inaugurated
Palestine Investment Fund Inaugurates Phase I For Rooftop Solar For Schools Initiative Under 200 MW Noor Palestine Solar Program With EIB Support
Thase 1 of Palestine’s rooftop solar for schools initiative has been inaugurated (in the picture). The project is part of the overarching Noor Palestine Solar Program with an envisioned capacity of 200 MW to be achieved by 2026.
