March 18, 2018

AfDB signs mega solar Energy deal to, light up Africa

14 March 2018, 09:40 | Opal Carroll

India commits $1.4 billion for solar energy worldwide

The basics of International Solar Alliance

The aim of ISA is to mobilize USA $1 trillion in funds for future solar generation, storage, and technology across the world.

The Sullivan County project is owned by Delaware River Solar.

Cuomo today announced the completion of the state's largest community solar project which will result in reduced energy bills for more than 350 households and small businesses.

Campbell Soup Co. said it has completed installation of a 4.4-megawatt solar energy system at its 38-acre Camden headquarters, including panels mounted to rooftops, on a reclaimed brownfield, and on canopies built over employee parking lots.

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Speaking at the signing, Amadou Hott, Vice President, Power, Energy, Climate and Green Growth at the African Development Bank, said the partnership will help the continent attain its drive towards a universal access to energy. BNB Renewable Energy Holdings partnered with Renewable Energy Systems in mid-2015 on what was then known as the Lamesa II project.

Several other companies announced deals worth more than United States dollars 100 million, including Greenko Energy, Hero Future Energies, and CleanMax Solar, it said. "Auction activity was not very robust in 2017 and though there was a surge in activity at the end of the year, most of the projects that were tendered are not likely to be commissioned until 2019".

Sullivan County Legislature Chairman Luis A. Alvarez said, "The completion of this precedent-setting array demonstrates both the Governor's commitment to a "green" NY and the Sullivan County Legislature's commitment to a "green" Sullivan County". The Indian Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI) also announced contributions of $1 million each to the ISA corpus fund at this launch event. "This is a hometown success in every respect, and I'm thrilled to witness its debut". The projects will also help NY reach its goal of producing 50% of its electricity from renewables by 2030 and lowering greenhouse gas emissions in the state by 40% by the same year. "It is exciting to be a part of enabling utility scale solar in IN". REV is ensuring NY reduces statewide greenhouse gas emissions 40 percent by 2030 and achieves the internationally recognized target of reducing emissions 80 percent by 2050.

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