The Dutch Development Bank (FMO) and investment firm Symbiotics have announced a US$32.5 million facility to finance ZOLA’s operations within Tanzania over the next five years.
The latest edition of PV Tech Power, Solar Media’s quarterly technical journal for the downstream solar PV industry is now available online, including ‘Storage & Smart Power’, a dedicated section brought to you by the team here at Energy-Storage.news.
Kenya’s government has launched a plan for total electrification in the country by 2022, which acknowledges the role that off-grid systems, mini-grids and stand-alone solar plants can have in complementing extensions to the grid and mitigating higher loads.
BIRD Energy, a foundation jointly created by the US Department of Energy (DoE) and Israel’s Ministry of Energy (MoE) will invest around half the amount required to fund US$12 million of solar, storage, energy efficiency and microgrid projects in Israel.
India Energy Storage Alliance (IESA) executive director and Energy-Storage.news guest blogger Dr Rahul Walawalkar has been appointed chair of the Global Energy Storage Alliance (GESA).
Australian firm Resolute Mining has signed an agreement with Africa-focused power developer Ignite Energy to set up a 40MW hybrid solar, battery and heavy fuel oil (HFO) plant at its Syama Gold Mine in Mali, according to an Australian Stock exchange (ASX) filing.
Daystar Power, a clean energy supplier based in Africa, has teamed up with Nigerian retail banking group Unity Bank to power the latter’s switch away from diesel, using renewable energy and energy storage.
The global energy storage market will grow to a cumulative 942GW/2,857GWh capacity by 2040, attracting US$620 billion in investment, caused by sharply decreasing battery costs, according to a Bloomberg NEF (BNEF) report.
Quoting an expected doubling in installed PV capacity over the next five years, a partnership between Chinese battery storage system maker BYD and European PV inverter company SMA is targeting the USA market, identifying it – along with Africa – as having “high growth potential” for the pair’s products.
