Trading in Azelio’s share on Nasdaq First North commences today

Azelio AB (publ) (”Azelio” or the ”Company”), announces that the trading in the Company’s share on Nasdaq First North commences today under the short name “AZELIO” with ISIN SE0011973940. Prior to the listing, Azelio has completed a share issue that provided the Company with approximately 2,200 new shareholders and minimum proceeds of SEK 242 million …

Huge desert solar initiative to make Africa a renewables power-house

Solar projects stretching across the Sahel region are expected to connect 250m people with electricity by tapping into the region’s abundant solar resource. The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week. Energy poverty in Africa is …

China 2nd Concentrated Solar Power demo to be completed on Dec.29

As the project owner Beijing Shouhang IHW Resourves Saving Co., Ltd (shorted as Shouhang) indicated, Shouhang Dunhuang 100 MW molten salt Solar Tower CSP Plant, which is among China 1st phase of 20 CSP pilot projects, is under commissioning and will be commercially operational at the end of this month on December 29th, 2018. At …

AfDB approves $221m loan for 100 MW Redstone Concentrated Solar Power project in South Africa

The African Development Bank (AfDB) has approved a senior loan of ZAR3bn ($221m) to the 100MW Redstone Concentrated Solar Power (CSP) Project, which is expected to improve South Africa’s energy mix and accelerate the transition to renewable energy. The solar power project, located in the Humansrus Solar Park, Northern Cape Province of South Africa, is …

Black developed 100MW Ilanga Concentrated Solar Power 1 achieves Commercial Operation Date

Ilanga CSP1, South Africa’s first 100% black developed Concentrated Solar Power (CSP) power plant achieves Commercial Operation Date (COD). Ilanga CSP1 is a truly transformation project that was conceived and developed by a 100% black developer (Emvelo). Its two top executives (CEO & CFO) are black females, two-thirds of its board members are black and …

Morocco hybrid Concentrated Solar Power – PV project seen as ‘game changer’ for costs

Technology coupling gains and a favorable development framework could see prices for Morocco’s pioneering Noor Midelt hybrid projects trend towards the lowest global CSP tariffs, experts told the CSP Madrid 2018 conference. Now entering the final stages of tendering, Morocco’s Noor Midelt hybrid CSP-PV project is expected to set a benchmark price for combined CSP …

Abengoa will collaborate with Acwa and the Chinese SEC and ICBC in concentrated solar power projects

Abengoa has signed a cooperation agreement with the Saudi energy company Acwa Power, the Commercial and Industrial Bank of China (ICBC) and Shanghai Electric (SEC), with which it has already carried out the execution of a solar field in Dubai, for collaborate in future energy projects. The declaration of intentions has been signed today in …

The 100 MW Kathu concentrated solar power plant with molten salt storage system accomplished first synchronization

SENER and ACCIONA Industrial have reached a critical milestone in the construction project of Kathu Solar Park. Namely, the successful synchronization was achieved on 18 November, electric power was generated and transferred on the National grid complying with all expected parameters to ensure the supply of power starts and end users can consume reliable energy …