Liberia Launches Solar & Energy Storage Tender
LEC Seeking Consultants For 15 MW Solar PV Project, Accompanied By 10 MWh Battery Storage
Liberian utility Liberia Electricity Corporation (LEC) is looking to hire an environmental consultant firm to prepare environmental and social impact assessment (ESIA) for a 15 MW solar and 10 MWh energy storage project. The facility is planned t.
IFC Backing For Malawi Solar & Storage Project
Voltalia Secures IFC To Arrange Finance For 55 MW Solar & 10 MW Storage Facility In Africa’s Malawi
French renewable energy company Voltalia says it has got the International Finance Corporation (IFC) to come on board to help arrange financing for the company’s planned solar and storage project having 55 MW and 10 MW capacity respectively, in Africa’s Malawi.
IFC Backs Solar Power In Morocco
Moroccan Fertilizer Company OCP Gets €100 Million IFC Loan For 202 MW Solar PV Projects
The world’s ‘largest’ phosphate-based fertilizer producer OCP Group has secured a €100 million green loan from the International Finance Corporation (IFC) for a combined 202 MW solar PV capacity development for green fertilizer production in Africa.
Proposals Invited For Niger’s Scaling Solar Project
Niger’s Energy Ministry Seeking Proposals For 50 MW Solar Power Plant Under World Bank Group’s Scaling Solar Program
A list of 6 shortlisted companies from around the world have been invited to submit their detailed proposals to win 50 MW solar PV project capacity in Africa’s Niger under the World Bank’s Scaling Solar program.
New Distributed Renewable Energy For Africa Initiative
World Bank To Mobilize Private Investment In Distributed RE With A New Platform For Africa
The World Bank Group has announced the launch of the Distributed Access through Renewable Energy Scale-Up (DARES) Platform to help Africa speed up efforts to achieve universal electrification goal by 2030 and mobilize private investment into distributed renewable energy (DRE) in the continent.
Scaling Solar RfP For 50 MW In Togo
Togo Issues Request For Proposal For 50 MW Solar Under Scaling Solar Program of World Bank
The Government of Togo has launched a call for request for proposals (RFP) from shortlisted bidders for 50 MW grid connected solar PV tender launched in December 2019 under the World Bank Group’s Scaling Solar program.
Uzbekistan’s RFP Round For 500 MW AC PV
RFP Round Opens For 11 Pre-qualifiers For Uzbekistan’s 500 MW AC Solar Auction Based on World Bank’s Scaling Solar Program
The Ministry of Energy along with the National Grid of Uzbekistan have launched the request for proposals (RFP) round for 500 MW AC solar PV capacity tendered under the International Finance Corporation (IFC) backed Scaling Solar program to which it .
IFC Backs Egyptian Company’s Solar Plans
Elsewedy Electric Raises $150 Million To Fund Renewable Energy Expansion In Africa
Egypt headquartered power company Elsewedy Electric has raised $150 million from the International Finance Corporation (IFC), First Abu Dhabi Bank and Europe Arab Bank to finance new solar energy facilities in Africa, and also support its expansion further.
Latin America PV News Snippets
438 MW Solar JV In Brazil Between Hydro Rein, Atlas & Albras & More From Vatia, Galp
Albras to source solar power from 438 MW solar plant in Brazil; IFC backs Colombia’s Vatia to strengthen its renewable energy portfolio; Galp to expand renewables portfolio with 4.8 GW capacity in Brazil.
India PV News Snippets
IFC Roped In For 600 MW Solar In Uttar Pradesh & More From NHPC, Azure Power, MoP
IFC has been roped in as advisor for 600 MW solar in UP; NHPC launches subsidiary for renewable energy, small hydro and green hydrogen projects; Azure Power refinances 600 MW solar in Rajasthan; Power Ministry issues amendments to short-term power procurement.
OMERS Infrastructure Acquires 19.4% Stake In Azure Power
Canadian Pension Fund’s OMERS Infrastructure Acquires 19.4% Stake In India’s Azure Power From International Finance Corporation For $219 Million
The International Finance Corporation (IFC) and IFC GIF Investment Company have sold their 19.4% stake in Indian independent renewable energy producer Azure Power Global Limited for $219 million.
World Bank Approves $168 Million For Burkina Faso
World Bank To Help Burkina Faso Competitively Procure 325 MW Solar & 335 MWh Battery Storage In Phases; Says $168 Million Financing To Also Mobilize $400 Million In Private Investment
The World Bank has approved financing worth $168 million for the Burkina Faso Solar Energy and Access Project (SEAP) to enable the country’s transition to clean energy, and support clean energy access for close to 300 selected rural localities and .
60 MW Scaling Solar Tender Launched In Côte d’Ivoire
Côte d’Ivoire Energy Ministry & CI-Energies, With Support From IFC, Launch 60 MW Solar Tender Under World Bank’s Scaling Solar Program
The African nation of Côte d’Ivoire has launched a 60 MW solar power tender under its arrangement with the World Bank backed Scaling Solar Program which it joined in November 2019 (see Côte d’Ivoire Joins World Bank’s Scaling Solar Program).
$2 Billion Investment Partnership For Distributed RE
The Rockefeller Foundation Pledges $150 Million In Partnership With IFC To Mobilize $2 Billion Private Investment In Distributed Renewable Energy; Sub-Saharan Africa Initial Target Region
With an eye to mobilize up to $2 billion of private sector investment for distributed renewable energy solutions, the International Finance Corporation (IFC) has struck a partnership with The Rockefeller Foundation (RF).
Niger Enters World Bank’s Scaling Solar Club
World Bank’s Scaling Solar Program Welcomes New Member, Africa’s Niger; IFC To Help It Realize 50 MW PV Capacity ‘Quickly’ & ‘Affordably’
The World Bank’s Scaling Solar program, through which it enables countries make use of their solar irradiance to diversify their power generation capacity and take steps to become self-sufficient in the space, has welcomed a new member nation.
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.
Masdar Wins Another 400 MW Scaling Solar In Uzbekistan
After Winning Maiden 100 MW PV Project Under World Bank Backed Scaling Solar Initiative In Uzbekistan, Masdar Scores 2 More Wins In Country With 400 MW Capacity Offering Lowest Winning Bids, Says IFC
Abu Dhabi Future Energy Company PJSC (Masdar) has emerged as the winner of 2 solar power projects in Uzbekistan after it offered lowest winning bid for both the auctions, announced the International Finance Corporation (IFC).
Uzbekistan To Tender 900 MW PV Under PPP Model
Uzbekistan Signs Mandate With International Finance Corporation To Tender 2×200 MW & 500 MW Solar PV Capacity Under Scaling Solar Program Of World Bank
The first tender round for 100 MW capacity under Scaling Solar in Uzbekistan saw Masdar winning it with the lowest bid of $0.027 per kWh.
Financial Closure For 60 MW Solar In Senegal
With €38 Million Lent By IFC, EIB, Proparco & Finland-IFC Blended Finance For Climate Program, 60 MW Solar Projects Of Engie & Meridiam In Senegal Move Towards Construction Stage Under Scaling Solar Initiative
Senegal had awarded 2 solar power plants with 60 MW cumulative capacity and signed PPAs with a consortium of Engie and Meridiam in November 2018 under the World Bank Group's Scaling Solar program.
Uzbekistan Joins Scaling Solar Initiative
Uzbekistan Seeks Proposals From Shortlisted Bidders For 100 MW Solar PV Tender Under World Bank’s Scaling Solar Initiative As Program Moves Beyond Africa To Central Asia
With theWorld Bank and its subsidiary IFC providing credibility to the Scaling Solar program, after African several nations joined, it is now a Central Asian country that’s interested in developing 100 MW solar under the program.
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