GEAPP joins ISA’s multi-donor trust fund initiative to mobilize $100 million solar finance
The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.
Husk hits 400 solar minigrids milestone
Husk Power Systems has doubled its fleet of community solar minigrids over the past 12 months. It now owns and operates the world’s largest portfolio of private-sector minigrids.
Husk Power launches ‘minigrid in a box’ solution
With its containerized solution Prism, Husk Power Systems is now able to deploy minigrids at a rate of one per day with the same resources.
AfDB identifies key priorities for minigrid deployment in Africa
An African Development Bank (AfDB) report covering critical takeaways from the ARE Energy Access Investment Forum 2023 says that challenges in financing, policy, technology, and skills enhancement must be overcome to support the deployment of distributed renewable energy minigrids across Africa.
Africa’s annual PV additions hit 3.7 GW in 2023
According to new figures from the Africa Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.
Nextracker hits 10 GW milestone in Middle East, Africa, and India solar power markets
Nextracker’s smart solar trackers are now either operational or under fulfillment for 10 GW of PV projects located in the Middle East, Africa, and India.
Install grid-connected solar, rinse, repeat
Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?
US, China dominate solar investment
China and the USA have been consistently attracting the most annual solar investments. Together, these have received about 50% of all solar investments since 2015, according to a new report released by the International Solar Alliance at its sixth assembly in New Delhi.
India hosts sixth session of International Solar Alliance Assembly in New Delhi
The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.
Husk Power secures $100+ million to fund new solar minigrids in Africa and South Asia
Husk Power Systems (Husk) has raised over $100 million in equity and debt to fund its new solar minigrid projects in South Asia and Africa. The company said the new capital would support 1,400 new minigrids, around 300,000 new connections, and avoid 350,000 tonnes of CO2 from the displacement of diesel generation while adding 2,500 new direct jobs.
