Solar Energy
Portugal awards world’s lowest-cost solar PV contract
Portugal is now the country with the world’s lowest-cost solar PV contract. The lowest tariff awarded in the country’s first solar PV auction, held in July 2019, was just €14.76/MWh, or US$16.54/MWh. This narrowly beats the recent US$16.95/MWh contract awarded in...
‘Prioritise mini-grid establishment to achieve access to power’ – World Bank report
The World Bank has urged Ghana and other countries to prioritise the establishment of mini-grids in off-grid areas to boost their chances of achieving national and universal access to power by 2030. According to a new report by the bank, mini-grids had the potential...
Government set for mini grids expansion
In view of the need to expand the access to electricity in the country, the Energy Commission has announced plans to expand the number of mini grid systems that the country has currently. Speaking at the 5th Mini Grid Action Learning Event, The Executive Secretary of...
Ghana considers the use of solar energy at airports
The Minister for Aviation has expressed interest in Ghana possibly adopting the use of solar energy for power generation at its airports. According to Joseph Kofi Adda, this could help cut down the huge cost of electricity at the various the country’s airports. He...
Dubai Intros Floating Solar Power Plants
The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RFP) to appoint consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. "This is a new and innovative initiative by DEWA to use solar power...
Solar is cheap, don’t be deterred by upfront cost – Ghanaians urged
Mr. Firmin Nkamleu Ngassam, the Managing Director of solar energy designing, developing and installation company, Yingli Namene West Africa, has advised businesses in the country not to allow the upfront cost of solar plant installations to deter them from adding the...
Africa’s largest solar power plant to be built in Ghana
The largest solar power plant in Africa will be built in Ghana, the British company behind the plan said on Tuesday. Source of much of the world's cocoa and an increasingly significant oil producer, Ghana's new drive to exploit the sun's energy is predicted to create...
Property Tycoon Revealing $20 Billion Solar-Led Portfolio
The Hong Kong property tycoon who gathered almost $20 billion in Chinese solar manufacturing assets is expanding his reach in other green energy technologies and may seek Wall Street money to do it. Zheng Jianming, chairman and founder of Asia Pacific Resources...
Solar May Become Largest Global Power Source by 2050
Solar power might become the world’s largest source of electricity by 2050 as falling costs boost installations, according to the International Energy Agency. Photovoltaic plants may provide as much as 16 percent of global electricity, and concentrating solar...
