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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
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
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
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
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
Swedish fund finances five African solar projects
initial debt funding round given by Trine will fund five solar projects in South Africa as well as Kenya.
Need for on-site renewable energy possessions is
Sep 2, 2021 // Markets & Finance News, Kenya, Africa, South Africa, Jan Albert Valk, Solarise Africa, TRINE, Sam Manaberi
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
African renewables platform Lekela moves to new proprietor Infinity Power
from the departure.
Lekela has greater than 1 GW of operational wind farms in South Africa (624 MW), Egypt (252 MW) as well as Senegal (159 MW), as well as 1.8 GW of
Mar 20, 2023 // Markets & Finance News, Software, Africa, LEKELA, Infinity Power
Africa's Biggest Floating Solar of 250 MW In Ghana Starts First Section
A 5 MW section has actually been connected to the grid at a floating solar plant on the tank of the Bui hydroelectric dam in Ghana. With this, the plant makes a tiny action in the direction of its eventual objective for a 250 MW plant
Dec 16, 2020 // Plants, Large-Scale, Commercial, Floating PV, Africa, Bui Hydro, Ghana renewable target, Ghana solar, mini grids