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Magnora increases South African renewables portfolio with developer purchase
Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).
Feb 16, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, South Africa, m&a, magnora
TotalEnergies group bags 260 MW of S African power off-take deals
France's TotalEnergies SE (EPA: TTE) and its partner Mulilo have actually clinched deals to supply power from 260 MW wind as well as solar energy capacity in South Africa of what is currently the globe's largest oxygen production factory.
Feb 21, 2023 // Plants, Markets & Finance News, Africa, South Africa, TotalEnergies
Fund manager takes stakes in South African solar trio
African Infrastructure Investment Managers has acquired majority interests in the projects totalling 30MW
Jun 6, 2022 // Markets & Finance News, aiim, South African, Sean Friend
African renewables platform Lekela moves to new proprietor Infinity Power
Dublin-based renewables developer Mainstream Renewable Power as well as private equity company Actis have finished the sale of their Lekela platform, Africa's largest pure-play renewables independent power producer (IPP), to Infinity Power.
Mar 20, 2023 // Markets & Finance News, Software, Africa, LEKELA, Infinity Power
Masdar, Azerbaijan's SOCAR Indication Deal to Develop 4 GW Renewable Energy Projects
Both firms will certainly develop onshore wind and solar projects, and likewise incorporated offshore wind as well as green hydrogen projects.
Masdar stated that its currently developing the 230-MW Garadagh Solar PV Plant in Azerbaijan.
Jan 18, 2023 // Markets & Finance News, Mohamed Jameel Al Ramahi, Masdar, Europe, green hydrogen, Azerbaijan, OFFSHORE WIND, Central Asia renewable energy, Garadagh Solar PV Plant, Rovshan Najaf, SOCAR, State Oil Company of the Republic of Azerbaijan
MPC Capital Launches 43-MW Solar Farm in Dominican Republic
MPC Capital AG powers forward with Monte Plata II, a $45 million solar expansion in the Dominican Republic, boosting renewable energy generation and long-term sustainability.
Sep 2, 2024 // Plants, Large-Scale, Commercial, Dominican Republic, North America, solar farm, MPC Capital AG
Central Coalfields to Set Up Solar Plant of 80 MWp in FY2021
Central Coalfields has actually revealed that it is preparing to mount 80 MWp ground-mounted solar power plant in the recurring.
Sep 18, 2020 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, solar projects, Central Coalfields
ACWA Power's Bokpoort Concentrated Solar Power plant breaks African record
ACWA Power, a leading programmer, investor and operator of power generation and also desalinated water plants worldwide, announced Wednesday that its South African Bokpoort CSP plant has come to be the very first eco-friendly facility in the continent to complete a complete week of continual night and day operation.
Oct 30, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, ACWA Power, Concentrated solar power, csp, termosolar
South African utility Eskom releases tender for 80 MW/320 MWh of storage
The South African national power business is preparing to release big range energy storage ability at the Skaapvlei substation. The center will help manage the periodic energy created by a 100 MW Eskom wind ranch.
Aug 3, 2020 // Markets & Finance News, Storage, pv power plants, tender, Africa, eskom, South Africa
Geothermal advancement in Eastern Africa
The countries of the East African Rift area hold substantial geothermal capacity, providing beneficial choices for sustainable electrical energy production and straight use. Harnessing these resources can give an eco-friendly, budget friendly and also secure power supply. It can also assist nations to fulfil the 2030 Agenda for Sustainable Development and climate goals laid out in the Paris Agreement.
Nov 18, 2020 // Market Research, Africa
African fund o.k.s USD-5.5 m give for Desert to Power project
The African Development Fund, the concessional arm of the African Development Bank Group, has authorized a USD-5.5-million (EUR 5.1 m) technological support give to kick off the Desert to Power project in the eastern part of the Sahel region, specifically in Djibouti, Eritrea, Ethiopia as well as Sudan, the bank has actually introduced.
Apr 11, 2022 // Markets & Finance News, Africa, Workneh Gebeyehu
African coal plant driver looks to solar for new power JV
Mozambique-based coal driver Ncondezi Energy has actually revealed a joint endeavor (JV) with South African-based NESA to target South Africa's C&I solar as well as storage space markets
Jun 14, 2021 // Plants, Markets & Finance News, Africa, Mozambique, Ncondezi, australia energy storage council, NESA, offgrid solar
South African chemicals manufacturer looks for bids for 20 MW of PV
Sasol intends to power its procedures in the communities of Secunda as well as Sasolburg with 2 10 MW solar projects. The effective bidders with sell power to the factories under power purchase arrangements.
Aug 4, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, Sasol, Hermann Wenhold
Iberdrola in fresh PV play with 250MW submitted for approval in central Spain
Spanish developer and utility Iberdrola is waiting for project approval from the Castilla-La Mancha government to move ahead with four utility-scale solar PV facilities in the central Spanish region.
Sep 5, 2019 // Plants, Large-Scale, Commercial, Spain, Portugal, Iberdrola, solar pv, bifacial, Inverters, Europe, solar-plus-storage, daisy-chain inverter
ACWA Power Achieves Financial Close on 100 MW CSP Plant in South Africa
ACWA Power has actually introduced the commencement of construction on the 100 MW Redstone CSP project complying with the success of financial close.
May 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, South Africa, ACWA Power, Paddy Padmanathan, International, csp, solar projects, ACWA CSP