Africa

Voltalia take advantage of growth, EPC device performance in Q2
French renewables firm Voltalia's Q2 revenues were up 26% year-on-year to EUR111 million (US$ 113 million) as its project advancement, building and construction as well as devices purchase section continued to grow.
Jul 22, 2022 // Markets & Finance News, EPC, IPP, Europe, Africa, Morocco, Albania, developer, company results
RIC Energy starts 23-MWp solar project in Uganda
Spanish solar PV developer RIC Energy revealed on Wednesday it had actually launched building of a 23-MWp solar (PV) farm in Uganda.
Jul 21, 2022 // Plants, Large-Scale, Commercial, Africa, RIC Energy, Uganda, Solar Project
Scatec funds 540MW South African solar portfolio
Construction will now kick off at three PV sites as well as a 225MW storage facility in the Kenhardt region
Jul 20, 2022 // Large-Scale, Commercial, Markets & Finance News, Storage, Scatec, Africa, South Africa, Terje Pilskog, Jan Fourie
Ncondezi Energy explores prospective for 300MW solar-storage hybrid in Mozambique
African power business Ncondezi Energy has actually launched an expediency research for a hybrid solar-storage project set aside for Mozambique.
Jul 19, 2022 // Plants, Large-Scale, Commercial, Storage, ENERGY STORAGE, Solar, Solar Energy, BESS, Africa, Mozambique, Battery Energy Storage, africa solar, ncondezi energy
Solar, wind bodies unite to drive finance into African renewables
Trade bodies from the solar as well as wind industries have actually united to drive renewable energy financing for African nations.
Jul 18, 2022 // Markets & Finance News, Africa, South Africa, SolarPower Europe, renewables investment, africa solar industry association
Algeria's 1-GW solar project to produce very first power at end-2023
The initial electrical power from Algeria's 1-GW Solar 1,000 scheme is expected to be produced at the end of 2023, the director-general of Shaems, the state-owned business overseeing the large-scale project, said on Sunday.
Jul 11, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Algeria, solar farm
Libya pushes ahead with 200-MW solar project in Ghadames
Libya is making progress on the execution of one more large-scale solar project as state-owned General Electricity Company of Libya (GECOL) has actually inked a power acquisition agreement (PPA) for the 200-MW Ghadames solar park that will be integrated in the northwest of the nation.
Jul 8, 2022 // Plants, Large-Scale, Commercial, Africa, Solar Project, Libya, Ghadames
Solarcentury Africa boards 100-MW solar project in Mozambique
Renewables programmer Solarcentury Africa has actually joined Mozambique-based special purpose vehicle SunMoz to add to the development of an as much as 100-MW (AC) solar power project in main Mozambique.
Jul 6, 2022 // Plants, Large-Scale, Commercial, Africa, solarcentury, Mozambique, Solar Project
Egypt's Elsewedy safeguards USD 150m for solar projects
Egyptian power options supplier Elsewedy Electric S.A.E (EGX: SWDY.CA) has actually safeguarded a USD-150-million (EUR 142.62 m) financing from the International Finance Corporation (IFC) to fund new solar projects and also improve the energy effectiveness at its existing manufacturing facilities.
Jul 1, 2022 // Markets & Finance News, Asia, Africa, Egypt, elsewedy, Solar Project
MENA to include 50GW of utility-scale solar by 2030, report says
Countries between East as well as North Africa have plans to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor (GEM).
Jun 30, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, middle east, mena, Morocco
Egypt's Elsewedy safeguards USD 150m for solar projects
Egyptian energy remedies provider Elsewedy Electric S.A.E (EGX: SWDY.CA) has safeguarded a USD-150-million (EUR 142.62 m) financing from the International Finance Corporation (IFC) to fund brand-new solar projects and improve the power efficiency at its existing manufacturing centers.
Jun 30, 2022 // Markets & Finance News, Asia, Africa, Egypt, elsewedy, Solar Project
UAE's W Solar plans to add 2 GW of solar in Libya
W Solar Investment, a subsidiary of UAE-based Alpha Dhabi Holding, is preparing to construct solar photovoltaic or pv (PV) plants in Libya as part of a partnership with the state-owned General Electricity Company of Libya (GECOL), targeting the release of 2 GW of solar capacity in the long-term.
Jun 27, 2022 // Plants, Large-Scale, Commercial, Asia, Africa, UAE, PV Power Plant, Libya, W Solar
Mirova acquires SunFunder to accelerate emerging market clean energy
French administration firm Mirova has actually fully acquired solar finance company SunFunder in a push to broaden its investment platform in emerging markets.
Jun 21, 2022 // Markets & Finance News, Asia, Africa, emerging markets, Mirova, acquisition, sunfunder
Libya launches 500-MW solar project
French multi-energy group TotalEnergies SE (EPA: TTE) and also power manufacturer General Electricity Company of Libya (GECOL) have introduced a 500-MW solar project in the north of Libya.
Jun 20, 2022 // Plants, Large-Scale, Commercial, France, Europe, Africa, Solar Project, Libya
CrossBoundary Energy Access protects US$ 25m to power mini-grids in Africa
Project funding center CrossBoundary Energy Access (CBEA) has elevated US$ 25 million to finance solar energy mini-grids in Africa.
Jun 17, 2022 // Markets & Finance News, Microsoft, Africa, crossboundary, CrossBoundary Energy Access, debt funding