
Paris & Mahé, August 20, 2025 – Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. [pdf]

Exploiting the potential of solar energy applications for both electricity and heat in Uzbekistan and encouraging investment in solar projects regardless of size and technology requires setting clear policy targets and complementing them with attractive incentive mechanisms, e.g. that foster self-consumption while avoiding unintended negative system integration impacts, such as real-time self-consumption schemes at a value-based price fixed by the regulator. [pdf]

The project will consist of three components: (1) a grid-connected photovoltaic (PV) power plant with a total installed capacity of 10 MW including an associated battery energy storage Ssation (BESS), (2) a number of off-grid PV and BESS units for rural health clinics, secondary schools and food manufacturing and storage facilities and (3) power grid reinforcement investments to improve security of supply, reduce technical losses and increase its renewable energy take-up capacity. [pdf]

The largest PV integration project in Africa is set to be carried out in Nigeria following an agreement signed between Onyx Solar, a solar energy company founded in Ávila, Spain, and the world’s leading manufacturer of transparent photovoltaic (PV) glass for buildings, and Sterling Bank Plc., a full service national commercial bank in the West African country. [pdf]
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