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Royal Bafokeng Holdings (RBH), an African community investment company is considering making a US$ 20 million equity financial investment in DPA Africa Asset-Co. The firm, set up by Distributed Power Africa (DPA), will certainly offer 175 MW of solar energy in some of its markets in Africa over the following four years.

The French development agency and the environment ministry have a €1.6 million budget to finance novel off-grid projects from companies and NGOs operating with local partners in Africa.

Dominion Energy has acquired a 72MW PV project from First Solar that is expected to enter service in late 2019. The installation will provide power and renewable energy attributes under a Dominion Energy South Carolina contract that was previously filed and accepted in South Carolina.

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).

Abu Dhabi-based renewables business Masdar has actually set up a new joint venture (JV) that will certainly concentrate on establishing renewable resource projects throughout Eastern Europe, Central Asia as well as Africa.

Transporting green hydrogen created making use of solar PV in North Africa could be approximately 15% more affordable than producing it locally in Italy, a new research assembled by brain trust The European House-- Ambrosetti and natural gas titan Snam has located.

Africa Greenco Group secures 25-MW solar PPA in Zambia: US$37m investment to bring clean energy to Sesheke district in 2025.

Off-grid solar professional Sun King has actually increased US$ 260 million in a Series D funding round intended to expand international accessibility to affordable solar power across Africa and also Asia.

Teriak Industrial Group, a private Egyptian company that concentrates on the manufacturing of auto components, owns and runs the brand-new 100 MW production facility. Spain's Mondragon Assembly supplied the assembly line.

South African investment firm STANLIB has acquired a 51% stake in energy solutions provider Solareff Ltd and its electric vehicle charging infrastructure subsidiary GridCars, committing to fund ZAR 600 million in capex-free energy solutions. This move seeks to make a social and economic impact in South Africa.

The regulator received 26 proposals overall for a project intended to make the kingdom less dependent on power imports from troubled South African utility Eskom.

Mulilo pledges ZAR 15bn for 716MW solar and battery projects at South Africa Investment Conference 2026—boosting dispatchable power and backing the just energy transition.

Global new investment in renewable energy skyrocketed to $358 billion in the first six months of 2023, a 22% rise compared to the start of last year and an all-time high for any six-month period. This is based on the latest investment data from BloombergNEF’s 2H 2023 Renewable Energy Investment Tracker report, published on August 21, 2023.

South Australia saw record low daytime energy costs in the very first 3 months of this year, driven by a sharp uptake in renewable power sources, consisting of rooftop solar.

The City of Cape Town will certainly look for to procure as much as 300 MW of renewable resource through tendering procedures over the coming months, mayor Geordin Hill-Lewis announced today.