Africa solar

Leapfrogging to Solar in Africa

Just as the developing world leapfrogged landlines (going straight to cell phones), it seems it is leapfrogging some dirty energy options and going straight to clean, renewable energy. Africa’s poor, for example, are getting a new line of solar energy products that shoot them forward in a variety of ways. … [continued]

World Bank Group Co-Finances Morocco’s Ouarzazate 500 MW Solar Thermal Power Project

The World Bank Group is providing $300 million in loans to co-finance Ouarzazate, a 500 MW Concentrated Solar Power Plant that would be one of the largest in the world upon completion. The World Bank Group’s IBRD and Clean Technology Fund are members of a public-private partnership with the Moroccan Agency for Solar Energy that also includes includes four international lenders from Europe and Africa.