Nigeria’s Lagos Wants 1 GW Solar PV Capacity
World Bank To Back Lagos’ Plans To Realize 1 GW Distributed PV By 2030
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.
23 MW Solar Power Plant Online In Senegal
Germany Financed Diass Solar Project In Senegal Connected To Grid
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.
Technical Consultant For Mini-Grids In Rwanda
Rwanda’s Development Bank Prepping For Round 3 Of Renewable Energy Fund
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).
Global Interconnected Solar Power Grids
India, UK, World Bank & ISA Launch Green Grids Initiative At COP26
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 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.
Maldives Wants 40 MW/40 MWh Energy Storage Capacity
Maldives Finance Ministry Seeking 40 MW/40 MWh Battery Energy Storage Systems For Select Islands To Support Ground Mounted & Floating Solar Power Capacity
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).
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).
World Bank: $500 Million For Ethiopia’s Electrification
World Bank Approves $500 Million For Ethiopia’s National Electrification Program; To Be Disbursed Through IDA, Funds To Be Used For Solar PV Deployment & Closing Gender Gap, Among Others
The International Development Association (IDA) has raised $500 million as credit from the World Bank to be used to support Ethiopia’s goal of achieving universal electricity access by 2025, under its National Electrification Program (NEP).
Off-Grid Solar Market Now Worth $1.75 Billion
World Bank & GOGLA Report Says Sector Requires Up To $2.2 Billion In Over Next 5 Years To Reach 823 Million Users By 2030
With an annual growth of 30% between 2017 & 2019, the off-grid solar industry has grown to become a $1.75 billion market with more than 180 million in off-grid solar units having been sold globally and 420 million users, according to the 2020 Off.
21 MW Grid-Tied Solar PV Tendered In Maldives
Maldives Seeking Interested Bidders For 21 MW Grid-Tied Floating Solar & Land Based PV Capacity Development With World Bank Support
While the ADB helps the Maldives in turning its diesel power generation into hybrid power with the addition of solar and batteries, the World Bank is now supporting the country in the development of grid-tied solar power capacity for which a tender has been launched.
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.
Off-Grid Solar Key To Kenya’s Electrification
World Bank Helps Kenya Develop National Electrification Strategy Targeting Universal Access To All Citizens By 2022; Off-Grid Solar Finds Prominent Mention In Roadmap
Through KNES, developed with help from the World Bank, Kenya wants to encourage private sector support for off-grid solutions for Kenyan homes, businesses and community service centres in remote parts of the country.
Engie Consortium Signs PPA For 60 MW In Senegal
Senegal’s National Electricity Company, SENELEC Enters Power Purchase Agreement With Engie, Meridiam & FONSIS For 60 MW Solar Power Capacity To Be Developed Under World Bank’s Scaling Solar Program
Senegal has only 620 MW of electricity production capacity and more than half of its population still doesn’t have access to electricity.
World Bank: Gigantic Potential for Floating PV
Cumulative Global Floating Solar PV Capacity Grows To 1.1 GW By September 2018; Market Report From World Bank Group & Singapore’s SERIS Claims Over 400 GW Potential Under Conservative Assumptions
The potential for solar PV installations offered by water bodies across the world is summarized by the World Bank in a report that claims that even under conservative assumptions, floating solar can grow up to 400 GW.
Engie Wins 60 MW In 100 MW Senegal PV Tender
100 MW PV Tender Of World Bank Group’s Scaling Solar Program In Senegal Sees 60 MW Awarded To Engie & Meridiam
As part of the World Bank's Scaling Solar program, Senegal is looking at adding up to 200 MW of solar power capacity (Photo Credit: Scott Wallace/World Bank).
12 Pre-Qualified For Ethiopia Tender
Eight Consortiums & Four Companies Pre-Qualified For 250 MW PV Capacity Tendered Under World Bank’s Scaling Solar Program In Ethiopia
Some of the shortlisted bidders pre-qualified for the World Bank's Scaling Solar 250 MW tender in Ethiopia are also on the list for the Madagascar 25 MW tender.
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