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Spanish programmer Elawan Energy on Thursday claimed it has actually closed on EUR 92 million (USD 108.7 m) of project financing for a portfolio of solar projects with an integrated ability of 250 MW in Spain.

The solar park will be connected to the Soma substation, a piece of grid infrastructure expected to increase electricity access in the country to 60%. The project will add to 30 MW of other solar facilities under development in the West African nation.

Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.

Renewable energy is rapidly being adopted by mining companies as the combination of off-grid power and cheaply available renewables offers a strong business case.

Sun Exchange has actually closed a $4 million Series-A funding round by obtaining a $3 million investment from ARPF, a Mauritian private equity fund. The peer-to-peer solar leasing platform claimed it will certainly make use of the funds to help its participants release solar solutions throughout sub-Saharan Africa.

PowerGen has completed installation of a new Nigeria-based mini grid and is planning the development of 9 other projects, all supported by the World Bank.

Caledonian Mining has exposed strategies to build a $13 million solar plant at the Blanket golden goose in southern Zimbabwe. It elevated funds for the project via a share sale.

According to the first annual report of the Commissariat for Renewable Energies and also Energy Efficiency (Cerefe), 2 new factories for the manufacturing of photovoltaic panels will certainly quickly see the light of day in Algeria. These installments developed by Milltech and also Zergoun Green Energy can provide 260 MWp of solar panels per year.

Partnership with state power company will originally target 600MW of wind and also solar

Absa Group provides USD-24-million corporate loan to construct a 100-MW solar power plant in Ghana led by West Africa-focused PV developer Meinergy Technology Limited. This loan supports Ghana's renewable energy capacity & energy needs.

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

NOA Group powers up South Africa's energy future with a 349-MW solar project, marking a milestone in the nation's renewable journey.

Red Sands: Africa's largest battery storage project powers South Africa's green future with 153 MW capacity, boosting energy reliability and sustainability.

SEFA and Qair join forces to power Burkina Faso with an 18-MW solar project, boosting clean energy access and local job creation.

LEC wins regulatory approval for a 20MW solar park—boosting Liberia’s clean power, expanding renewable capacity, and advancing the country’s push toward a diversified, sustainable electricity supply.