The Hague, Netherlands – Dubai, UAE, 20th November 2017: FMO, the Dutch development bank, and Access Power, a leading developer, owner and operator of power projects in emerging markets, today announced the launch of the 2018 FMO Access Power Solar 'Shark Tank' Competition following the competition’s successful first installment in 2016 at the ‘Making Solar Bankable’ conference.
On the 10th of October 2017, Solarplaza hosted a webinar on solar development in emerging markets: The Evolving Landscape of Solar PV in Emerging Markets. It was organized in the run-up to the 2-day Making Solar Bankable conference in Amsterdam, the Netherlands on the 15th and 16th of February 2018.
We’ve compiled an overview of the top 50 solar PV projects in emerging markets with the purpose of showing the market potential of solar power in developing regions in Asia, Africa and Latin America. Therefore we excluded the more advanced and developed solar markets in Asia (China, India, Japan), North America and Europe. This list of solar PV projects comes in preparation of our 2-day conference, Making Solar Bankable set to be held in Amsterdam on the 15-16th of February, 2018.
Today, at the COP21 in Paris, the Climate Investor One facility was officially launched by the Dutch Minister for Foreign Trade and Development Cooperation, Mrs. Lilianne Ploumen. Representatives of the United Kingdom’s Department of Energy & Climate Change (DECC) and Denmark's Export Credit Agency (EKF) attended the ceremony.
The end of the first week of the Paris climate talks is approaching, with limited progress reported so far. Carbon Pulse continues to publish updates throughout the day of key developments in the negotiations as well as on the sidelines.
Over the next few years the Netherlands is to provide access to green energy for 50 million of the world’s poorest people. The plan is outlined by foreign trade and development minister Lilianne Ploumen in the government’s response to an independent evaluation of her climate policy, which was sent to the House of Representatives yesterday.
The conditions in the Vietnamese markets including its high solar irradiation, growing electricity demand, and potential risks associated to energy generation through carbon-based fuels, provide an excellent potential for the development of solar PV projects.
“Arise, shine for your light has come,” reads a sign at the entrance to the first major solar power farm in east Africa. The 8.5 megawatt (MW) power plant in Rwanda is designed so that, from a bird’s-eye view, it resembles the shape of the African continent. “Right now we’re in Somalia,” jokes Twaha Twagirimana, the plant supervisor, during a walkabout of the 17-hectare site.
With the ongoing talks in Paris on Climate Change and new energy crises happening as the region prepares for its summer, it becomes clear that clean energy is on top of the minds of stakeholders in the Southern African region.
We all know the story of how mobile phones took off in emerging markets. Suddenly small cocoa farmers in Africa who never had a landline or a computer were checking commodity prices on their smartphones.
DFIs have been investing for some time to support African infrastructure development. As financing becomes more available and new players are emerging, governments and DFIs must focus on nurturing new projects.
The appetite for solar may be growing in new markets, but that does not mean local funding is always easy. The ability to bring international funding looks set to remain a critical success factor for developers in emerging markets even as industry bankability grows elsewhere. “If you look at what has been happening in emerging markets, on projects currently being built, the big majority have international financing… mainly multilateral financing,” said Josefin Berg, senior analyst for solar demand at IHS Technology.
The Inter-American Development Bank (IDB) has approved a USD 55.7 million loan from its ordinary capital to finance the construction, operation and maintenance of six solar photovoltaic (PV) plants and their related facilities in Uruguay.
The World Bank's International Finance Corporation (IFC, Washington D.C.) on July 9th, 2015 announced that IFC InfraVentures, the global infrastructure project development fund, and Scatec Solar (Oslo, Noeway), an integrated independent solar power producer, have signed documents to develop the USD 55 million Scatec Segou solar photovoltaic (PV) project in Mali with a local developer, Africa Power 1
Concern emerges over whether the government will keep its promises. Solar project developers are rushing to complete projects this month amid fears that the government may go back on its feed-in tariff (FiT) promises. Two years ago the country launched a FiT of USD$0.18 per kilowatt-hour, over 15 years, for solar projects completed before August 2015.
UPSIDES - Tanzania. Despite its high annual growth rate of 6.8 percent and its recent transition to a market economy, access to electricity is scarce and expensive, especially in rural areas. Electricity from renewable sources represent zero percent of total installed capacity. This is where Devergy comes in. The energy services company started its operations in Tanzania in 2012, providing highly efficient, reliable and affordable micro-grids in rural off-grid communities.
UPSIDES - The success of solar-based products and services to bring electrical energy to many at the base of the pyramid who lack access to even basic lighting has rightly received significant acclaim. Much of this stems from the role the private sector has played in developing new solutions such as solar portable lanterns, solar home systems, and solar mini-grids.