Africa: UK announces £56 million for battery storage, support for solar
The U.K. Government says it will make £56 million available for battery storage technologies in South Africa. Nigeria also saw the next phase of the U.K.-Nigeria Climate Finance Accelerator unveiled; while the continent as a whole, is set to benefit from further partnerships and investment in both solar and climate change.
Saudi’s Zahid takes major stake in German PV company Greencells
The Zahid Group has invested an undisclosed amount in Germany-based Greencells. A key focus for the latter will now be hybrid systems in the APAC and African regions. An update on the 1.2 GW Sweihan solar project in Abu Dhabi was also given.
Nigerian universities go off-grid with solar PV, storage mini-grids
Four of Nigeria’s federal universities and university teaching hospitals across the country have signed EPC contracts to develop mini-grid solutions, which will power their facilities and disconnect them from the main electricity grid. A total of 9.3 MW of PV and 5,760 battery cells will be deployed.
Soventix: “We are tired of depending on politics” – Interview
Interview: Soventix has been focusing on PV projects in developing countries for years. The German solar company is now building 11 hybrid plants for a Nigerian bank. Soventix CEO, Thorsten Preugschas explains in an interview with pv magazine what the particular challenges of such projects are and why investments are planned in Nigeria.
Nigeria launches Sub-Saharan Africa’s first green bond
The $29.8 million in funds will be used to finance the implementation of projects by Nigeria’s Ministries, Departments and Agencies towards the achievement of its commitment to the Paris Agreement.
Wärtsilä to deploy 75 MW (AC) of PV in Nigeria
The Finnish technology group has been awarded a contract by Pan Africa Solar Ltd to build a solar plant in Katsina State, northern Nigeria.
Dangote Industries and Blackstone plan 100 MW solar plant in Nigeria
The Nigerian industrial group was granted funds to conduct the feasibility study for the 100 MW facility by the USTDA. The plant would be built in Kano State, in the north of Nigeria, where the two companies are also planning to construct a 1 GW coal power plant.
Access Power gets financing for 50 MW PV project in Nigeria
The $1.65 million loan will be used to co-finance a 50 MW solar facility under development in Nigeria’s Kaduna State. The company expect to reach financial close for the project by the end of this year.
Nigerian government inks deals for 120 MW of solar
Nigeria’s Ministry of Power has signed two put/call option agreements with local solar developers Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited. The two companies are planning to build two PV plants with a combined capacity of 120 MW.
GreenWish Partners taps into Nigeria’s solar potential with $280m investment
The Paris-based private renewable power producer focusing on Sub-Saharan Africa has announced it is to invest $280 million in new PV power plants in Nigeria.
