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Mainstream, Actis form joint venture for wind and solar in Chile

Mainstream Renewable Power is forming a joint venture with market investor Actis that will see 600 megawatts of wind and solar projects in Chile by early 2016. Mainstream, a global wind and solar developer, will own 40 percent of the J.V. while Actis will have 60 percent. “Actis is very happy to be making our first major investment in Chile. We have an excellent track record in providing conventional and...

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Google makes first renewable investment in Africa

Internet giant Google has made its first ever renewable energy investment in Africa. Located in the Northern Cape province of South Africa, the $12 million Jasper Power Project has 96 megawatts of solar photovoltaic capacity. The P.V. plant will be of the largest installations in the continent when completed, providing clean electricity to approximately 30,000 South African homes. “South Africa’s strong...

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Inclusive and Green: Africa’s economic ‘makeover’

For the longest time, Africa has been dubbed as the world’s poorest inhabited continent. Because of this title, the region is seeing the need to remodel its economy to keep up with the ever-changing world. In recent years, African countries are among the fastest growing economies in the world. According to the African Development Bank’s Energy, Environment and Climate Change Department, transforming Africa means creating a... The Scenario

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Africa lags in clean energy technology patents

Africa has recorded less than one percent of all global clean energy technology patents, with most of these filed in South Africa, found a recent report of the United Nations Environment Programme. The Patents and Clean Energy Technologies in Africa report underscores the huge untapped clean energy opportunities in Africa that could allow it to leapfrog existing fossil-fuel energy sources and cut greenhouse gas...

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Oman starts construction of 4 solar plants, 2 wind farms

Oman has kicked off its plans to meet its surging electricity demands with renewables, announcing the construction of six renewable energy projects this year. The Oman Daily Observer reported that the joint stock utility, Rural Areas Electricity Company, has started developing four solar plants and two wind facilities as part of its five-year renewable energy plan (2013-2017). While the capacities of the...

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China’s BYD enters Australian home energy storage market

China’s BYD has formally entered the Australian energy storage market, with the certification of its home energy storage system called the DESS. The Guandong-based clean energy company and automobile manufacturer is now eligible to sell and operate its energy storage products in Australia. BYD has also signed an agreement with Fe Batteries Australia to distribute the home energy storage system as well as its...

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Saudi Arabia sets out roadmap to 41 GW of solar power by 2032

Saudi Arabia has released a white paper laying out its roadmap for the competitive procurement process for their renewable energy program. The King Abdullah City for Atomic and Renewable Energy or K.A. CARE was established to lead the shift to a more sustainable energy mix with the goal of seeing 54 gigawatts of renewable energy capacity by 2032. The C.P.P. program is one of the tools designed to help diversify Saudi...

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Wind and solar projects in South Africa to be operational by mid-2014

Three renewable energy projects in South Africa – a wind farm and two solar projects – are set to deliver clean energy to the national grid by mid 2014. British power company Globeleq Generation Limited celebrated the official start of construction of these three projects on which they successfully bid for as part of the Government of South Africa’s Renewable Energy Independent Power Producer Programme. The procurement program is meant to...

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Suntech to build $10 million solar panel factory in Uzbekistan

China's Suntech Power Holdings Co., the world’s largest solar panel producer, is set to build a $10 million solar panel factory in Uzbekistan, said the Uzbek economics ministry. According to a RIA Novosti report, Suntech has signed a memorandum of understanding with Uzbekistan's state energy company Uzbekenergo to put up the project in the Navoiy free industrial and economic zone. Start of construction will be announced soon...

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Africa set for rapid renewable energy growth - study

Africa does not only has the potential but also the ability to seize future economic growth through renewable energy, suggested a new report by the International Renewable Energy Agency. Many of the African countries currently experience notable economic and demographic growth, with six of the world’s 10 fastest emerging economies and a population expected to double to 2 billion by 2050. According to the report, access to energy is a...

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