Friday, 11 Nov 2022
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.
$497 Million World Bank Backing For South African Plan To Install 220 MW Solar & Wind & 150 MW Storage
Monday, 07 Nov 2022
South Africa has secured $497 million financing from the World Bank Group to decommission and repurpose its Komati Coal-Fired Power Plant with 150 MW solar PV, 70 MW wind energy and 150 MW battery energy storage system (BESS) capacity as a demonstration project for the energy transition.
World Bank & GOGLA Report Part II: 624 Million To Access Tier I Off-Grid Solar Energy Solutions By 2030
Tuesday, 18 Oct 2022
The World Bank and Global Off-Grid Lighting Association (GOGLA) project 624 million people globally to secure electricity access through tier I and above off-grid energy solutions by 2030, missing the Sustainable Development Goals 7 (SDG7) mark by 51.
Thursday, 13 Oct 2022
A new World Bank analysis recommends China to expand its 2030 wind and solar target to 1.7 TW, from 1.2 TW now—leading to up to 120 GW annually till 2030—which could advance its emissions peaking to earlier than 2030 and lead to a significant red.
Solar Off-Grid Gains Importance As More People Miss Access To Electricity Than Pre-COVID, Claims New World Bank & GOGLA Report
Friday, 07 Oct 2022
Global count of people accessing energy through off-grid solar solutions grew to 490 million at the end of 2021, including 70 million having gained access between 2019 and 2021, yet 733 million are to secure this access and the number of people likel.
Solar Mini Grids Can Power 490 Million People By 2030 At $0.20/kWh; Need $127 Billion Investment: World Bank
Friday, 30 Sep 2022
Calling solar mini grids a ‘core solution’ for closing the energy access gap whose cost of electricity generation has dropped from $0.55 per kWh in 2018 to $0.38 per kWh now, a World Bank report sees these having the potential to serve 490 millio.
Friday, 02 Sep 2022
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.
Monday, 04 Jul 2022
The World Bank has approved $515 million in financing to support 150 MW new rooftop solar capacity come onto the grid in Bangladesh through solar metering connections for over 100 customers.
Friday, 01 Jul 2022
The World Bank is lending $165 million to support residential rooftop solar in India; Biocon is picking up 26% stake in AMPYR’s 30 MW solar plant; ReNew, UNEP & SEWA to train women workers as solar technicians; Skyfri bags Kerala floating solar project from BHEL.
Wednesday, 22 Jun 2022
The Nigerian state of Lagos is planning to build 1 GW solar PV capacity by 2030, to address the demand supply deficit for grid-based electricity, and the World Bank is to help it implement it in the form of distributed PV (DPV) projects.
Monday, 30 May 2022
Financed by the German development agency KfW, 23 MW Diass Solar Power Plant has come online in Senegal and was recently inaugurated by the country’s President Macky Sall along with German Chancellor Olaf Scholz.
Monday, 20 Dec 2021
The Development Bank of Rwanda (BRD) is looking for a consultant to provide technical and engineering services for round 3 of its $48.9 million funding round to be launched for the implementation of the Renewable Energy Fund (REF).
Tuesday, 09 Nov 2021
India and the UK governments have launched the Green Grids initiative (GGI)—One Sun One World One Grid (GGI-OSOWOG). This is aimed to establish the world’s 1st international network of globally interconnected solar power grids.
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
Tuesday, 29 Jun 2021
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 .
Côte d’Ivoire Energy Ministry & CI-Energies, With Support From IFC, Launch 60 MW Solar Tender Under World Bank’s Scaling Solar Program
Thursday, 24 Jun 2021
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).
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
Friday, 18 Jun 2021
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).
World Bank’s Scaling Solar Program Welcomes New Member, Africa’s Niger; IFC To Help It Realize 50 MW PV Capacity ‘Quickly’ & ‘Affordably’
Tuesday, 15 Jun 2021
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.
Maldives Finance Ministry Seeking 40 MW/40 MWh Battery Energy Storage Systems For Select Islands To Support Ground Mounted & Floating Solar Power Capacity
Tuesday, 15 Jun 2021
The Ministry of Finance in the island nation of Maldives has sought to contract companies that can install and operate 40 MW/40 MWh battery energy storage systems (BESS) under a World Bank funded Accelerating Renewable Energy Integration and Sustainable Energy Project (ARISE).
Engie, Meridiam & FONSIS Energize 60 MW Solar In Senegal, Financed By IFC, EIB & Proparco, Under World Bank Backed Scaling Solar Program
Tuesday, 01 Jun 2021
Two solar power plants in Senegal have come online representing 60 MW AC capacity in cumulative, under the World Bank backed Scaling Solar program.
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
Friday, 21 May 2021
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).
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Pan-European solar development platform with mandate to install over 2 GW new #solarPV capacity, recently launched by the #EuropeanUnion backed @MargueriteFund, has appointed ... ex-senior executives with ReneSola, Josef Kastner & Chloe Durieux as CEO and CDO https://taiyangnews.info/people/renesola-senior-executives-join-eu-backed-new-solar-platform/
One of the world’s largest green fuels projects with over 1 million ton annual output is being planned for Denmark’s Municipality of Ringkøbing-Skjern, targeted to be produced... via 2 GW electrolyzer powered by 4 GW hybrid #solar & wind by GreenGo Energy https://taiyangnews.info/markets/greengo-energy-planning-4-gw-danish-green-energy-park/
#China PV News Snippets: @JASolarOfficial to take part in the @TaiyangNews Solar Module Innovations Conference to be held on January 31, 2023 from 09.30 to 13.30 CET; Hefei to ... launch PV industry incentive policies #solarpv #solarenergy #solarpower https://taiyangnews.info/markets/china-pv-news-snippets-335/
Copenhagen Infrastructure Partners said that it has sold off its 100% stake in the 456 MW/691-MW DC Travers Solar Park in #Canada, to Montreal-based fund manager, Axium for an ... undisclosed amount #solarpv #solarpower #solarenergy https://taiyangnews.info/business/cip-sells-456-mw-solar-park-to-axium/
Israel based smart energy technology @SolarEdgePV says it has become the 1st vendor to meet #SouthAustralia's new Dynamic Export requirements that will enable system owners to ... export of up to six-times more energy back into the grid for most of the year https://taiyangnews.info/business/solaredge-products-meet-dynamic-export-requirements/