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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
RBH invests $20m in DPA to give solar energy
Royal Bafokeng Holdings (RBH), an African community investment company is considering making a US$ 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.
Nov 3, 2020 // Markets & Finance News, Africa, Royal Bafokeng Holdings
Clearway Energy Group finishes 192-MW Rosamond Central solar project
Clearway Energy Group revealed that it completed building and reached business operation on the 192-MW Rosamond Central solar project in Kern County, California. Rosamond Central is acquired under PPAs with East Bay Community Energy and Clean Power Alliance, both Community Choice Aggregators offering a varied range of power choices to local consumers, and the City of Palo Alto Utilities, which has actually administered Palo Alto's electrical power system for 120 years.
Jan 7, 2021 // Plants, Large-Scale, Commercial, California, USA, Nick Chaset, North America, Solar Project, Clearway Energy Group, Valerie Wooley, Natasha Keefer, Dean Batchelor
MPC Caribbean-led group to buy 33.4-MWp solar farm in Dominican Republic
MPC Caribbean Clean Energy Fund LLC, part of German asset management group MPC Capital AG (ETR: MPCK) and also its Caribbean financial investment operations, has authorized an agreement to acquire a portion of a 33.4-MWp operating solar farm in the Dominican Republic.
Jun 7, 2021 // Plants, Markets & Finance News, Dominican Republic, North America, solar farm, MPC Caribbean Clean Energy Fund LLC
UN fund gets behind plan to unlock finance for South African renewables
UN money will help South African PV players underpin project revenues without the need to resort to the government, after a year when Eskom’s woes have cast doubts on the state-offtaker route.
Oct 9, 2019 // Markets & Finance News, Africa, eskom, green climate fund, embedded pv, un, dbsa, Yannick Glemarec
Fin close reached on 200 MW of S African solar projects for local mining ops
All needed funds have been protected for the building and construction of 200 MW of solar plants that will provide electricity to titanium items maker Tronox Mineral Sands in South Africa.
Sep 13, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, South Africa, solar projects, Tronox Mineral Sands
Members to Increase Cross-border Affiliations as Shares of Renewables Grow: IRENA
According to IRENA's World Energy Transitions Outlook, to accomplish environment objectives, worldwide electricity generation need to increase three-fold by 2050, making grid versatility incredibly important as countries race to lower discharges. Cross-border affiliation stands for one of the essential remedies to managing the variability of renewable power as well as grid security issues.
May 17, 2021 // Markets & Finance News, IRENA, Renewable Energy, Francesco La Camera, climate goals 2050, World Energy Transitions Outlook
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
Seraphim Solar signs up with Central Europe rush with module circulation agreements
Seraphim Solar has actually come to be the current mainstream module maker to take aim at the Central Europe solar market, signing circulation arrangements with a representative as well as installer in the area.
Apr 21, 2021 // Manufacturing News, Europe, seraphim, Polaris Li, distribution, central europe, menlo electric, module shipments, Marta Walendzewicz
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Feb 6, 2024
Santee Cooper, Central ink PPAs for 425 MW of solar in S Carolina
Power and also water utility Santee Cooper and also Central Electric Power Cooperative Inc, a wholesale electrical providers, have agreed to buy the outcome of a 425-MW portfolio of solar parks in South Carolina.
Jun 24, 2021 // Plants, USA, PPA, North America, PV Power Plant, Santee Cooper, Central
African apparel manufacturer United Aryan sets up 1.8-MWp rooftop PV system
Nairobi-based apparel maker United Aryan EPZ (UAL) revealed today that it has inaugurated a 1.8-MWp rooftop solar array, saying that it the largest system of its kind in East Africa.
Mar 16, 2022 // Rooftop PV, Africa, United Aryan EPZ, UAL, rooftop solar array
United States strong EDP given clear-cut giving in for 160-MW solar project in Dominican Republic
US renewables developer Energy Development Partners (EDP) has gotten a definitive concession to build and also run a 160-MW/200.2-MWp solar farm in the Dominican Republic.
Feb 18, 2022 // Plants, Large-Scale, Commercial, USA, EDP, Dominican Republic, North America, Solar Project
MIGA Backs BTE Investment in S. African Solar
Actis' BTE Renewables has secured MIGA guarantee for its equity investments in 75-MW South African solar power plant awarded in Round 3 of REIPPP. BTE Renewables, owned by UK growth markets investor Actis, specializes in utility-scale wind and solar projects across Africa and has been sold to French utility Engie SA and Meridiam.
Aug 2, 2023 // Markets & Finance News, Africa, Actis, South Africa, bte renewables, MIGA
Austria's Enery buys 71-MW solar PV portfolio in Czechia
Vienna-based renewable resource company Enery Development GmbH introduced that it has gotten a 71-MW portfolio of operational solar farms in the Czech Republic from funds managed by CEE Equity Partners Ltd
Jul 19, 2021 // Markets & Finance News, Europe, Austria, Czechia, Enery