Somalia’s electrification rate, at 35.3%, trails the East Africa average of 39.8% and the Sub-Sahara Africa average of 47.7% The Somali Business Catalytic Fund (SBCF) strengthened the crowding in of private capital into the financing of solar energy solutions in Somalia SBCF enabled the creation of at least 2,200 new jobs in Somalia MOGADISHU : […]
China vows 5-year plan dedicated to climate, but growth, security concerns weigh
Vice premier Han Zheng said in October that the 2021-2025 plan would be “dedicated to addressing climate change” BEIJING: China has promised to dedicate its new “five-year plan” to tackling climate change, but concerns about economic growth and energy security are expected to temper the country’s green ambitions. Vice premier Han Zheng said in October […]
New SAPVIA board talk renewables to boost economy
Solar industry body SAPVIA’s new board members have reaffirmed their belief that the renewable energy sector is key to kick-starting the South African economy post-COVID-19. SAPVIA was formed a decade ago by six individuals with a passion to have renewable energy included in the IRP2010. Today the industry body represents 378 companies and service providers […]
Covid-19: RE-look – Clean Energy for resilient India
Distributed solar energy has potential to unlock micro enterprise and strengthen local value chains. New Delhi: As India enters fourth week of lockdown, India’s strength and resilience is being put to test. Among other things, the pandemic has exposed the vulnerabilities of migrant labour and marginal rural communities. The pandemic has been a double whammy […]
EIB set to finance biggest wind power infrastructure projects in Spain
These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]
Tonga Power Ltd signs purchase agreement with Sunergise to built solar plant
ADB is supporting this transition to a cleaner and more sustainable energy mix through a $12.2 million grant to the Tonga Renewable Energy Project. The largest solar plant in the south Pacific will be built in Tonga through the country’s second commercially financed public-private partnership (PPP) after an agreement was signed in Nuku’alofa today. Tonga […]
