In Short : The International Solar Alliance (ISA) has pledged $35 million to the Global Solar Facility (GSF) to boost solar energy investments in Africa. Partnerships with organizations like MIGA and BOAD aim to facilitate funding. The GSF targets raising $100 million to enhance clean energy access for 35-40 million households by 2030, addressing the […]
DIF Capital Partners to become majority shareholder in global solar PV platform ib vogt
DIF Capital Partners (“DIF”), a leading global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH (“ib vogt”), one of the world’s leading developers in utility-scale PV solar, from its current 100% shareholder (“DVV”). With a total capacity, built or […]
Canadian Solar (CSIQ) Set to Fund Solar Expansion in Africa
Canadian Solar Inc. CSIQ recently signed a strategic partnership agreement with Berlin-based SolarWorX in an attempt to improve electric supply to approximately 1.2 billion people who are still living without a stable grid connection. The partnership will mostly serve the citizens residing in Sub-Saharan Africa. Per the deal terms, Canadian Solar — as the lead […]
IHS Markit: Despite China decline global solar growth in 2019 to hit 129GW
HS Markit has reiterated its global solar demand forecast for 2019, despite lower expectations for China. The market research firm said that faster than anticipated growth in some international markets such as the Netherlands, Spain, Germany, Italy, Turkey, or Ukraine had reduced the growth risks associated with weaker demand in China. IHS Markit also remained […]
Europe’s Solar Renaissance Is on the Horizon
European solar installations hit a five-year high in 2018, and the annual market should crack 20 gigawatts by 2021, according to the latest research from Wood Mackenzie Power & Renewables. Europe’s solar market is undergoing a resurgence. More than 10 gigawatts were installed in 2018 for the first time in five years, and the market […]
