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Dominican power producer Empresa Generadora de Electricidad Haina SA (EGE Haina) has actually signed the clear-cut giving in agreement with the local nationwide power commission CNE for the 90-MWp Esperanza solar project.

Cox Energy SAB de CV to acquire majority stake in Khi Solar One, Africa's first CSP tower plant, boosting output by 30% with upgrade program.

Renewables programmer Berkeley Energy has actually elevated EUR130 million (US$ 157.5 million) in the first close of the Africa Renewable Energy Fund II (AREF II).

MPC Caribbean Clean Energy Fund secures financing for phase II of its Monte Plata solar farm in the Dominican Republic. Expansion to 75.6 MWp capacity with PPA monetisation expected to be operational in 2024. German asset and investment manager MPC Capital AG leads the project.

German energy business RWE is marketing solar EPC and also O&M service provider Belectric to Czech utility CEZ, Germany's government competitors authority has revealed.

The drive to electrify Sub-Saharan Africa will certainly need US$ 350 billion of financial investment and also might expose an alternative vision for the energy transition that concentrates on a decentralised, bottom-up solar-and-storage abundant grid that benefits from affordable solar power, according to research study company Wood Mackenzie.

The $311 million funds will certainly be funded through International Development Association (IDA). The RESPITE project will support the setup of solar as well as battery storage space capacity, near-term O&M contracts for the provision of solar supply, expansion of hydropower generation capacity, grid connection infrastructure and grid modernization and also upgrades.

Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.

JA Solar powers South Africa's green future with 220 MW solar projects, partnering with JUWI to boost renewable energy infrastructure.

PNE AG sells 240-MW solar project in South Africa to NOA Group Ltd, aiming to provide clean energy to mining and agricultural sectors.

AIIM seeks investors like BlackRock to expand its renewable energy business in Africa, offering a lucrative opportunity in a growing industry.

$ 50m finance package will certainly enable construction of clean power facility 40km eastern of the capital Asmara

The tender has actually been presented for take the pressure off the nation power grid run by Eskom. Presently, Africa is mired in the dire challenge of electrcity and water supply. Power outages have actually become a common phenomenon right here.

African President William Ruto is pushing for African nations to use sun, wind, and green mineral sources to combat global warming. He urges reform to fund climate efforts & low-carbon development. Other African nations struggle with fossil fuel dependence, looking for climate friendly industrialization supported by Europe & the rest of the world. Africa hopes to decarbonize the global economy.

Scatec ASA powers up Botswana with the launch of its 60-MW solar phase, boosting Africa's renewable energy landscape.