Close on heels of its recent announcement on forming a new global unit focused on the hybrid and energy storage market, Indian EPC Sterling and Wilson has won a captive solar-diesel-storage microgrid project in Africa. PV Tech caught up with Vish Iyer, global head of business development, strategy and marketing for the Hybrid and Energy Storage division at Sterling and Wilson, to find out more.
Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
Rooftop PV is the fastest growing renewable energy sub-segment in India, with individual system sizes increasing and the C&I sector maturing, but a new report by Bloomberg New Energy Finance (BNEF) predicts that India will still only reach 9.5GW out of its 40GW target by 2022.
Solar Media, the publisher of PV Tech, has identified more than 50 potential mini-grid projects in Tanzania ahead of its Solar & Off-Grid Renewables Summit in Dar Es Salaam on 5-6 December.
The Islamic world’s first ever Science and Tech summit saw officials from 56 Muslim-majority nations come together to pledge new climate-related technology goals that included promoting microgrids, energy storage and renewable energy targets.
Mitsui & Co., a major Japanese industrial conglomerate, has formed a Joint Venture (JV) with leading India mini-grid developer OMC Power to expand their mini-grid business into Africa. The new JV is part of a ¥1 billion (US$9 million) equity investment by Mitsui in OMC Power.
The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.
Schneider Electric has completed a joint microgrid project with North Carolina’s Duke Energy and REC Solar at its Boston One Campus in Andover, Massachusetts.
