World Bank launches new solar initiative
Issue 294
- 12 Feb 2015
| 2 minute read
The World Bank has launched a new initiative aimed at improving the market for private solar power projects in Africa. Scaling Solar will provide a project template that aims to cut costs and speed up development so that badly needed power can be quickly added to the grid.“We’ve watched the unbelievable cost reduction of renewables, and we’ve watched the amazing impact of large-scale, professionally run competitive tenders in big markets like Brazil, South Africa and India.
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