- SkyPower has signed a landmark agreement with the Republic of Djibouti for the development of 200 MW of world-class solar projects to be built in four phases in Djibouti over the next four years. The company also announced alongside Prime Minister Hasina, its plans to build 2 GW of utility-scale solar energy over the next five years in Bangladesh, representing an investment of US $4.3 billion.
- The American Wind Energy Association is hosting the Wind Energy Finance and Investment Seminar in New York October 14-15, 2015. Some of the wind’s most prominent CEOS will share their triumphs and challenges including: Mike Garland, President and CEO, Pattern Energy Group LP, and AWEA Board Chair; Michael Skelly, Founder and President, Clean Line Energy Partners; Chris Brown, President, Vestas Americas; Jacob Susman, CEO, Own Energy and VP, Head of Origination, EDF RE and Doug Frederickson, Vice President, Blattner Energy.
- The African continent could generate nearly a quarter of its energy needs through the use of indigenous, clean, renewable energy by 2030, according to a new report by the International Renewable Energy Agency (IRENA). Africa 2030 – a comprehensive roadmap for Africa’s energy transition – finds that a combination of modern renewable technology could realistically meet 22 per cent of Africa’s energy needs by 2030, a more than a four-fold increase from just five per cent in 2013. The report also finds that scaling up modern renewables in Africa is an affordable means to help meet fast-growing energy demand while increasing energy access, improving health and achieving sustainability goals.
- Lignetics Inc. has announced the acquisition of the assets of GF Funding LLC (whose facility was formerly known as Geneva Wood Fuels), expanding its footprint into Maine and upper New England. Lignetics is the largest residential wood pellet manufacturing company in the U.S. which now has a production capacity of approximately 550,000 tons of wood pellets per year.