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

EDF Renewables & CIP-owned Mulilo Energy have been awarded preferred bidder status for 257MW of grid storage capacity in South Africa. As part of a ZAR7bn (€343m) total cost, the consortium will deliver three battery energy storage projects, providing sustainable electricity for 61 million people. A significant milestone for Mulilo, they are outperforming their business plans.

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.

Trade bodies from the solar as well as wind industries have actually united to drive renewable energy financing for African nations.

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.

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.

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.

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.

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.

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.

Terra Sola aims to build big solar projects integrated with H2 Industries' liquid organic H2 technology

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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.

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

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.