Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs
Canadian Solar Inc. has introduced that its majority-owned subsidiary CSI Solar Co., Ltd. (" CSI Solar") signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two biggest utility-scale solar energy projects in South Africa, which are based on private power purchase agreements (PPAs).
Dec 6, 2022 // Markets & Finance News, Canadian Solar, PPA, Africa, sola group, South Africa, Shawn Qu, BiHiKu7 modules, CSI Solar co, Dom Wills
Solar capitalist Empower raises USD 74m to proceed with new projects in Africa
Africa-focused solar designer and also influence capitalist Empower New Energy announced today it has actually recently raised USD 74 million (EUR 71.3 m) in equity, which has permitted it to make new financial investments in Morocco as well as Nigeria.
Dec 1, 2022 // Markets & Finance News, Africa, Empower
UAE programmer closes on 1GW of wind, solar projects in Egypt
AMEA Power said both 500MW schemes represent a US$ 1.1 bn investment in the country's economy
Nov 30, 2022 // Markets & Finance News, Asia, Africa, Egypt, UAE, amea power, solar projects
Swiss renewables firm inks African hydrogen MoU
Terra Sola aims to build big solar projects integrated with H2 Industries' liquid organic H2 technology
Nov 25, 2022 // Markets & Finance News, Solar to Fuel, Africa, green hydrogen, Terra Sola
AMEA Power to broaden solar park in Togo to 70 MW, add battery
Dubai-based renewables company AMEA Power LLC will certainly expand a solar park in operation in Togo, including 20 MW of additional capacity as well as a 4-MWh battery storage space system to ensure power supply at night.
Nov 24, 2022 // Plants, Large-Scale, Commercial, Storage, Africa, amea power, Togo, Solar Park
Sonatrach, Eni to build more solar farms to decarbonise oil manufacturing in Algeria
Italian oil as well as gas major Eni SpA (BIT: ENI) has damaged the ground on a second 10-MW solar park in south-eastern Algeria that will certainly be built as part of a partnership with government-owned market company Sonatrach to support the decarbonisation of oil manufacturing.
Nov 22, 2022 // Plants, Large-Scale, Commercial, Africa, Eni, Algeria, Sonatrach
Globeleq inks framework contract for 3.6-GW green H2 project in Egypt
Africa-focused independent power manufacturer (IPP) Globeleq has authorized a framework arrangement with Egyptian authorities that paves the way for the construction of a 3.6-GW green hydrogen production hub in Egypt.
Nov 21, 2022 // Markets & Finance News, Solar to Fuel, IPP, Asia, Africa, Egypt, green hydrogen, Globeleq
Oz developer indicators 7.6 GW renewables pact with Egypt
Fortescue Future Industries's framework agreement to establish projects, including green hydrogen, in the nation
Nov 16, 2022 // Storage, Solar to Fuel, Asia, Africa, Egypt, Oz, Mark Hutchinson
Tunisia's initial floating solar station starts to operate
In Tunisia, the first floating solar station on a lake alongside a Tunis industrial park has started to operate.
Nov 14, 2022 // Plants, Floating PV, Tunisia, Africa, Omar Bey
Africa renewable resource investment at 11-year low: study
Investment in renewable energy in Africa was up to its lowest level in greater than decade last year despite the continent's huge possibility, experts claimed Wednesday at the COP27 climate conference.
Nov 10, 2022 // Market Research, BNEF, Africa, COP27, Luiza Demoro
TAQA Arabia gets EBRD financing for 7-MW solar project in Egypt
The European Bank for Reconstruction and Development (EBRD) is giving USD 5.5 million (EUR 5.5 m) to the renewable resource subsidiary of Egyptian power business TAQA Arabia to construct as well as operate a 7-MWp solar photovoltaic (PV) project in El Minya, Egypt.
Nov 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Asia, Africa, Egypt, Solar Project, TAQA Arabia
Bank Of America, Crossboundary Partner for RE Expansion Across Africa
Bank of America will sustain distribution of about 255 MW of solar as well as wind generation and also 50 MWh of storage projects by CrossBoundary. CrossBoundary is presently delivering a portfolio of $230 million in projects for more than 30 business customers throughout 14 African nations.
Nov 10, 2022 // Markets & Finance News, Africa, bank of america, CrossBoundary Energy, Karen Fang, solar and wind, Sharm El-Sheikh, COP27, Matt Tilleard, United Nations Sustainability Development Goals
Germany, Egypt Join Hands for Renewable Hydrogen
The collaboration will be concentrated on the implementation of projects for producing, handling, employing and transferring green hydrogen in addition to the promotion of a green hydrogen field. Egypt as well as Germany will together be buying research study on green hydrogen also.
Nov 7, 2022 // Solar to Fuel, Germany, Europe, Asia, Africa, Egypt, green hydrogen, Climate Change, LNG, National Hydrogen Policy, Suexz Canal Economic Zone
Talesun Solar, Artsolar Set Off Operation of 325 MW Solar Facility in South Africa
The solar power project has been jointly developed by Talesun Solar and also ARTsolar. Talesar Solar claimed that the inauguration of the 325 MW PV module facility functions as a catalyst and model for the quality-focused growth of not just the local PV industry but also the whole of the local economy.
Nov 7, 2022 // Plants, Africa, South Africa, Talesun, Talesun Solar, ARTsolar, Dong Shuguang, solar power PV module
Mainstream Inks Deal to Develop RE Plants in South Africa
Mainstream has authorized a lease contract with South Africa's national electrical energy business Eskom for a 1,650-hectare site to build and operate RE plants. The substantial land is located alongside the Majuba as well as Tutuka coal-fired power plant in the Mpumalanga Province.
Oct 17, 2022 // Plants, Large-Scale, Commercial, National Grid, Battery Storage, Africa, eskom, South Africa, mainstream renewable power, wind, Mainstream, REIPPPP, aker offshore wind, Hein Reyneke, Lease Agreement, Majuba, Mpumalanga Province, Tutuka