CleanTech Report 2019.02.28

Mali: Amader Announces 4 Electrification Projects Powered By Renewable Energies

Afrik 21

Public authorities are aware of the weakness of their electricity production. The Malian Agency for the Development of Domestic Energy and Rural Electrification (Amader) has 255 electrified localities to its credit, 34 of which are equipped with hybrid solar power plants, with an electrification rate of 19%. While the Malian Electricity Company (EDM) supplies energy to only 154,000 customers in 35 cities, with an estimated population of 18 million people.

Morocco Urges International Investors To Believe In Africa’s Solar Potential

African Daily Voice

The eighth edition of the “Solar Expo Morocco” kicked off on Tuesday in the Moroccan financial capital of Casablanca, showcasing the enormous potential of solar energy in Morocco and Africa.

Africa’s First Solar Powered Desalination Plant Passes The 10,000,000 Liters Mark

The Newspaper

Africa’s first sea water solar desalination plant has now produced more than 10,000kL of drinkable water. The plant, located in Witsand, Hessequa Municipality, has been fully operational since December 20th, 2018, solving the water crisis in the area and providing the local population a steady water supply, especially over the Christmas period.

Adani Green Energy Arm Bags Tender To Set Up Solar Power Project In Gujarat

The Economic Times

Adani said its subsidiary has been awarded a tender to set up a 150 MWac solar power project in Gujarat and the project is expected to be commissioned by October-December quarter of 2020-21 financial year.

South Africa Committed To More Renewable Power

Bloomberg

South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralized generation plants to “disappear,” Energy Minister Jeff Radebe said.

OPIC Provides Initial Financing For SunFunder’s $85 Million Solar Energy Transformation Fund

MERCOM India

The Overseas Private Investment Corporation (OPIC) has made an initial investment into SunFunder’s $85 million (~₹6.04 billion) Solar Energy Transformation Fund. The fund supports electricity access through the use of solar power in Sub-Saharan Africa and India.

Alinta Commits To 212MW Wind Farm, Biggest In Western Australia

Renew Economy

Alinta Energy on Monday announced that it will go ahead with the 214MW Yandin wind farm, north of Perth, and build what will be the  biggest wind farm in Western Australia, just beating the 207MW Collgar facility in the state’s wheat-belt.

Australia’s Green Power Profit May Be Under Threat

Bloomberg

The profitability of Australia’s first wave of renewable power projects may be threatened as lenders will likely push for some deleveraging when they come up for refinancing, according to the former chief risk assessor at the nation’s green bank.

EPC Decmil Breaks Ground On 255MW Solar Farm In Australia, Energy Storage To Be Added

Energy Storage

EPC contractor Decmil announced that is has broken ground on the 255MW Sunraysia solar plant in Balranald, New South Wales, Australia. A large-scale grid-connected energy storage project, named Sunraysia Emporium, will be located adjacent to the solar plant, although further details have not yet been given.

Germany Hopes Imports Will Bridge Power Gaps

Energy Reporters

Coal and nuclear plants account for about half of the biggest economy in Europe’s generation capacity.

Cubico Raises £272M To Refinance 200MW Wind And Solar Portfolio In UK

Power Technology

Global investment firm Cubico Sustainable Investments has completed the refinancing for 200MW onshore wind and solar photovoltaic (PV) projects in the UK.

Financial Investments Of Over €1B Push Baltic States Ahead Of Western EU In Renewable Targets

Altenergymag.com

In a recently published European Union report, which showed the Netherlands and the United Kingdom to be the least energy efficient EU member states in terms of renewables, the same findings showed that the Baltic States of Lithuania, Latvia, and Estonia make up over 30% of the EU countries that have already met their 2020 renewable energy targets.

Argentina And Saudi Arabia Sign Framework Agreement Of International Solar Alliance

MERCOM India

Two new countries, Argentina and Saudi Arabia, have signed the framework agreement of the International Solar Alliance (ISA), joining hands with India towards a common goal of sustainability.

Risen Energy Starts Building 117MW Solar Park In Mexico

Renewables Now

Chinese solar module producer Risen Energy Co Ltd. said on Tuesday it has initiated construction on a 117-MW solar park in Mexico.

Colombia Fails To Award Renewable Energy Projects Despite Appetite

Reuters

Colombia on Tuesday failed to award 23 energy generation and commercialization contracts in its first renewable energy tender, because the results would have violated antitrust rules, the energy ministry said.

Saudi PIF and China Ink Renewables Cooperation Deal

MENA FN

Saudi-based Public Investment Fund (PIF) and China penned a memorandum of understanding to join hands in the field of renewable energy.

Acwa Consortium Wins 100MW Bahrain Solar Plant Contract

Trade Arabia

A consortium comprising Saudi-based Acwa, Japanese contractor Mitsui & Company and Bahrain industrial conglomerate AlMoayyed has won a major contract for the construction and operation of a 100 MW independent solar power plant in the kingdom.

Saudi’s Acwa Power To Finalise 3 Projects Worth $200M In Egypt End-June

Zawya

The Saudi energy company Acwa Power is expected to finalise its 160MW three projects in the Benban Solar Park in Aswan, which are worth $200m by the end of June, Hassan Amin, the company’s country director told Daily News Egypt on the side-lines of attending the Egyptian Saudi business forum on Saturday.

Solar Energy System Installers Expect 2019 Will Be A Good Year

The Ledger

It is one of the most tired lines in the sales profession: There’s never been a better time to buy.

However, when it comes to solar energy systems in 2019, that statement holds some truth.

GM Partners With DTE For 300,000 MWh Of Wind Energy In Michigan

Green Car Congress

As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors has partnered with DTE Energy for 300,000 megawatt hours (MWh) of wind energy in the state of Michigan.

UK Fund To Raise $250M For Us Solar Investment

PV Tech

New Energy Solar Manager, a developer and asset owner with more than 800MW in operation, will manage the US Solar Fund (USF) with a target 5.5% dividend for investors. Over the lifespan of the solar plants, a net return of 7.5% is expected.