The government of the Indian state of Andhra Pradesh has proposed to set up 10,000MW of solar power to meet the energy requirements of the agricultural sector.
The Bangladesh Power Division has announced that it has started the process of setting up a 10MW floating solar power plant at Mongla.
Togo’s Power Ministry has appointed Indian power giant NTPC as its project management consultant for about 300MW of solar power projects in the country.
JinkoSolar Holding has announced that it is to supply photovoltaic panels for three solar power plants in Cambodia with a combined capacity of 150MW.
Saudi Arabia’s ACWA Power has signed 20-year PPAs for two solar projects totalling 250MW with Ethiopia’s state-owned electricity producer Ethiopian Electric Power (EEP).
Kenyan President Uhuru Kenyatta has opened a 50MW solar power farm in Garissa, in the northeast of the country.
The Spanish electric utility Iberdrola has said that it will replace its last two coal-fired power plants, with a combined capacity of 550MW, with wind and solar power.
The Egyptian investment management company Enara Capital has announced plans to set up a 40MW solar power park in Kenya.
Malaysia’s Ministry of Utilities is looking into incorporating large-scale solar energy into Sarawak’s power generation mix, with a projection of 4 per cent by 2030.
Although policy uncertainty is spreading across Latin America, strong regulatory frameworks are keeping the region’s utilities on the right track.
By Julyana Yokota, Senior Director and Sector Lead, Infrastructure and Utilities, Latin America, S&P Global Ratings.