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IRENA as well as AfDB to Scale up Renewable Investments in Africa
IRENA and also AfDB have actually accepted work together to advancement energy change through efforts that support eco-friendly financial investments in Africa
Dec 9, 2020 // Markets & Finance News, IRENA, Africa, AfDB, Francesco La Camera, Kevin Kanina Kariuki
Bboxx gets pay-as-you-go solar business PEG Africa
Bboxx is broadening its footprint in Africa by acquiring pay-as-you-go solar business PEG Africa.
Sep 7, 2022 // Markets & Finance News, bboxx, PEG Africa
Africa fund backs 40MW solar farm in Kenya
Alten expects to bring PV project online in the spring
Feb 7, 2022 // Markets & Finance News, Kenya, Africa, solar farm, EAIF, Sine Zulu
Bank Of America, Crossboundary Partner for RE Expansion Across Africa
Bank of America will sustain distribution of about 255 MW of solar as well as wind generation and also 50 MWh of storage projects by CrossBoundary. CrossBoundary is presently delivering a portfolio of $230 million in projects for more than 30 business customers throughout 14 African nations.
Nov 10, 2022 // Markets & Finance News, Africa, bank of america, CrossBoundary Energy, Karen Fang, solar and wind, Sharm El-Sheikh, COP27, Matt Tilleard, United Nations Sustainability Development Goals
South African mining market to construct 3.9 GW of renewables, relieves pressure on public utility Eskom
ability, claimed Roger Baxter, Chief Executive Officer of Minerals Council of South Africa, which represents the nation's mining industry. Previously this month Eskom
Nov 25, 2021 // Plants, Storage, Africa, eskom, South Africa, mining, net zero
Shell-backed Daystar Shines in SA's Power-Hungry Market
Daystar Power is expanding its operations into South Africa to meet growing demand for alternative power systems due to record power cuts. Daystar is opening
Aug 9, 2023 // Markets & Finance News, Africa, South Africa, Daystar Power, Shell Plc
France to fund innovative off-grid renewables projects in Africa
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.
Sep 24, 2019 // Markets & Finance News, France, Europe, Africa, NGOs
Engie expands presence in Africa with acquisition of Mobisol
Already active through subsidiary Fenix International and start-up Engie PowerCorner, the French energy giant is expanding further by acquiring Mobisol, an off-grid systems specialist with operations in Kenya, Tanzania and Rwanda.
Sep 3, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, France, Germany, Europe, off-grid solar, Mobisol, Isabelle Kocher
MIGA Backs BTE Investment in S. African Solar
a MIGA guarantee for its equity investments in a 75-MW solar power plant in South Africa. The guarantee protects BTE Renewables against the risks of transfer
Aug 2, 2023 // Markets & Finance News, Africa, Actis, South Africa, bte renewables, MIGA
EIB approves EUR 1.4 bn in funding for renewables in Europe, Africa
The European Investment Bank (EIB) has approved EUR 1.4 billion (USD 1.67 bn) in funding for renewable resource, the EUR lender announced on Thursday.
Jun 18, 2021 // Markets & Finance News, Europe, Africa, european investment bank, eib
Akuo activates 50MW West Africa PV
Kita will develop jobs for as much as 200 women in Mali in the long term
Nov 20, 2020 // Plants, Large-Scale, Commercial, akuo, Africa, PV Power Plant
Specialists required for West Africa Clean Energy Corridor
The ECOWAS Regional Centre for Renewable Energy and also Energy Efficiency is seeking experts for the West African Clean Energy Corridor program. It anticipates the area to deploy 7.6 GW of renewable energy capability by 2030.
Aug 10, 2020 // Large-Scale, Markets & Finance News, Africa, ECOWAS
Teraco's Green Power Plan: Data Centers Go Renewable
largest data-center company, is constructing a utility-scale power plant in South Africa to run its operations. The firm raised $104 million with Absa Bank for the
Feb 28, 2024 // Plants, Africa, South Africa, PV Power Plant, Teraco Data Environments
Solar capitalist Empower raises USD 74m to proceed with new projects in Africa
Africa-focused solar designer and also influence capitalist Empower New Energy announced today it has actually recently raised USD 74 million (EUR 71.3 m) in equity, which has permitted it to make new financial investments in Morocco as well as Nigeria.
Dec 1, 2022 // Markets & Finance News, Africa, Empower
World Bank Approves $311 Million for Renewable Energy in West Africa
The $311 million funds will certainly be funded through International Development Association (IDA). The RESPITE project will support the setup of solar as well as battery storage space capacity, near-term O&M contracts for the provision of solar supply, expansion of hydropower generation capacity, grid connection infrastructure and grid modernization and also upgrades.
Dec 23, 2022 // Markets & Finance News, world bank, Africa, chad, Togo, Boutheina Gue, IDA, International Development Association, Liberia, RESPITE, Rhonda Jordan-Antoine, Sierra Leone, WAPP, West Africa Power Pool, West Africa solar power