Africa

Perenco Unit Acquires Akuo’s African Renewable Ventures

Akuo divests its African subsidiary to Taranis Investments, focusing on core global markets while bolstering renewable energy efforts in Africa’s vibrant landscape.

Dec 6, 2024 // Markets & Finance News, akuo, Africa, Perenco

Pele Green Secures Funding for South Africa's Solar Initiative

Pele Green Energy powers up with a 100-MW solar project for Glencore in South Africa, driving sustainability and renewable energy forward amidst a ZAR 2.1 billion investment!

Nov 29, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, South Africa, PV Power Plant, Pele Green Energy

ABO Energy Transfers 152 MW Storage Projects to EDF

ABO Energy powers up South Africa's grid, transferring 152 MW of battery energy storage projects to EDF—ushering in a new era of renewable energy stability!

Nov 22, 2024 // Storage, Africa, South Africa, ABO Energy

EDF Consortium Secures Funds for SA Battery Projects

EDF International secures ZAR 7 billion for three major battery storage projects in South Africa, fostering local investment and greener energy solutions in the Northern Cape and North-West.

Nov 20, 2024 // Storage, Africa, South Africa, EDF International

EBRD Considers Loan for Scatec's Egyptian Solar Project

EBRD eyes $120M loan for Scatec's 1-GW solar project in Egypt, paving the way for renewable energy and storage advancements. Decision expected by December 11!

Nov 11, 2024 // Plants, EBRD, Asia, Africa, Egypt, Solar Project

AfDB Boosts Zambia's Solar Project with $8M Loan

The African Development Bank boosts Zambia's renewable energy with an $8 million loan for a transformative solar project, paving the way for a sustainable energy future.

Oct 30, 2024 // Plants, Large-Scale, Commercial, Africa, zambia, AfDB, Solar Project

Morocco Partners Launches Major 1-GW Green Energy Hub

Discover Morocco's green revolution! A powerful joint venture unveils a 1-GW energy hub to produce hydrogen and ammonia, fueling Europe’s clean energy future.

Oct 29, 2024 // Solar to Fuel, Africa, Morocco

Tunisia Invites Bids for 200 MW Solar Project

Exciting opportunity! Tunisia seeks developers for 200 MW solar project, bolstering its renewable energy agenda. Submit proposals by January 31, 2025, and be part of the green revolution!

Oct 22, 2024 // Plants, Large-Scale, Commercial, Tunisia, Africa, Solar Project

Mainstream Secures Funding for 50-MW South Africa Solar Project

Mainstream Renewable Power's 50-MW Ilikwa solar project in South Africa will power over 42,000 homes, boosting clean energy with innovative partnerships. Exciting advancements in renewable energy are underway!

Oct 8, 2024 // Plants, Large-Scale, Commercial, Africa, South Africa, PV Power Plant, Mainstream, Ilikwa solar project

Caledonia Mining Sells Zimbabwe Solar Plant for $22.35M

Caledonia Mining strikes a lucrative deal to sell its Zimbabwe solar park for $22.35 million, boosting profits and reinvesting in mining operations. A bright future ahead!

Oct 1, 2024 // Plants, Large-Scale, Commercial, Africa, Zimbabwe, solar plant, Caledonia Mining

AMEA Power Secures Major Solar and Storage Deals in Egypt

Dubai's AMEA Power propels Egypt into a renewable future, signing historic PPAs for Africa’s largest solar and battery storage project—an $800 million investment igniting sustainable energy advancement.

Sep 13, 2024 // Storage, Asia, Africa, Egypt, Dubai, amea power

EIB, DBSA Boost South Africa's Renewables with EUR 200M

EIB and DBSA boost South Africa’s green future with an extra EUR 200 million, powering renewable energy projects and fueling sustainable growth in the region.

Sep 12, 2024 // Plants, Large-Scale, Commercial, Africa, South Africa, eib, dbsa

Mirova Backs SolarAfrica's Renewable Expansion in South Africa

Mirova invests $15 million in SolarAfrica, driving sustainable energy growth across Africa and empowering businesses with innovative clean energy solutions. A bright future for renewable investments!

Sep 11, 2024 // Markets & Finance News, Africa, South Africa, Mirova

Masdar Accelerates Solar and Battery Initiatives in Egypt

Egypt embraces a renewable revolution as Masdar secures approval for groundbreaking solar and energy storage projects, aiming for a brighter, sustainable future with up to 4 GW potential growth.

Aug 23, 2024 // Storage, Masdar, Asia, Africa, Egypt

Botswana Awards $78.3M Solar Deal to Chinese Group

Botswana's $78.3 million solar plant contract with China aims to meet 50% of energy demand with clean power by 2036, reducing reliance on coal.

Aug 13, 2024 // Markets & Finance News, Africa, Botswana, Chine

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