Africa

Series B round to raise $60 million, Series C $90 million Company is backed by UK Agency REPP, IFC and Proparco

French independent renewable power manufacturer Qair stated today it has authorized a power acquisition agreement (PPA) for a 5.8-MWp floating solar plant in the Seychelles, bringing to an end settlements that began in November 2019 when it won a tender for the project.

Nigeria on Friday launched building and construction of what is called the first solar cell manufacturing facility in West Africa.

The authorities accountable of the globe's biggest man-made lake are considering making use of floating photovoltaic panels to generate power after plummeting water levels strengthened power outages in Zambia and Zimbabwe.

South Africa is looking for to award 20-year contracts for the construction of renewable energy projects throughout 19 areas in the nation, consisting of government irrigation facilities.

The new SG125CX-P2 PV inverter solution is designed for diversified C&I roof applications. The SG125CX-P2 brings higher yields, enhanced safety and security, and also a lot more flexible usage, which is anticipated to cause additional development southern African C&I solar market.

GCF commits $253.7 million to AFC Capital Infrastructure Fund Equity financial investment is largest made by GCF in Africa to date

Dublin-based renewables developer Mainstream Renewable Power as well as private equity company Actis have finished the sale of their Lekela platform, Africa's largest pure-play renewables independent power producer (IPP), to Infinity Power.

The Moroccan subsidiary of Abu Dhabi National Energy Company (TAQA) is preparing to invest USD 1.6 billion (EUR 1.5 bn) in renewable resource projects in the North African nation by the end of this decade, its chairman Abdul Majeed Eraqi stated on Tuesday as cited by regional media.

French renewable power producer Qair has secured power off-take deals for four hybrid solar and battery storage space projects in Mauritius that will add 60 MW of capacity to the neighborhood electricity grid.

Industry pioneer currently balancing 16 new minigrids monthly. It currently leads worldwide in regards to variety of tiny grids released.

Lagos-based agri-food company Tingo Foods Plc will certainly organize a 110-MW captive solar power plant at its scheduled state-of-the-art food handling center in the Delta State of Nigeria, its parent business stated on Wednesday.

France's TotalEnergies SE (EPA: TTE) and its partner Mulilo have actually clinched deals to supply power from 260 MW wind as well as solar energy capacity in South Africa of what is currently the globe's largest oxygen production factory.

Zambia on Wednesday commissioned a Chinese-built solar plant for the manufacturing of solar power as part of initiatives to boost the south African country's electrical energy generation capacity.

The Nigeria Sovereign Investment Authority (NSIA) just recently introduced the inauguration of the 10-MW Kano solar photovoltaic (PV) plant at a ceremony gone to by the country's President Muhammadu Buhari.