The European Investment Bank says a new €10 million ($10.5 million) loan will offer electricity access to almost 650,000 people in Benin.
Jamaica is lifting taxes on imported lithium-ion batteries, while Guyana has announced funding for eight big solar-plus-storage projects across three regions.
The International Energy Agency’s latest “Africa Energy Outlook” report says grids will need to be expanded, along with natural gas exploitation, if everyone in Africa is to have access to electricity by 2030. On the solar front, the document predicts a levelized cost of energy of $0.018/kWh to $0.049/kWh by 2030 – cheaper than wind power or gas.
The Nigerian state of Lagos and the World Bank have announced plans for 1 GW of rooftop PV by 2030.
Trina Solar has announced plans to expand production in northwestern China, while inverter manufacturer Sofar Solar is now moving forward with an initial public offering.
Tongwei has also secured another massive polysilicon order and Golden Glass has invested in more heterojunction solar cell capacity. Furthermore, China’s National Energy Administration (NEA) said 23.7 GW of new solar was deployed in China in the first five months of the year.
A meeting of the full European Parliament in July will have the opportunity to vote down a divisive proposal to include gas and nuclear energy on a list of “sustainable” power sources.
Jolywood has canceled a plan to invest in solar cell and panel production in Indonesia, while Hangzhou First Applied Material has said that it will invest $226 million in the expansion of its EVA film output capacity.
Emirates Water and Electricity Co. has included nuclear among the “clean energy” sources that will generate certificates in its upcoming auction.
JinkoSolar has scored a 1 GW PV panel order in China and Risen suspended a $758 million private placement of shares.
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