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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
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
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
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
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
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
EDF Consortium Secures Funds for SA Battery Projects
secured financial close for three battery energy storage system projects in South Africa, totaling 257 MW capacity. The consortium, which includes Mulilo Energy
Nov 20, 2024 // Storage, Africa, South Africa, EDF International
South Australia thumbs-ups 225MW battery
Construction of Maoneng's Gould Creek project anticipated to start late next year
Nov 1, 2021 // Storage, Australia, Oceania, Morris Zhou, Stephen Patterson
Amp Powers Up 150MW South Australia Battery
Amp Energy's groundbreaking agreement with ElectraNet for a 150-MW/300-MWh BESS in South Australia marks the start of the Renewable Energy Hub of South Australia with 636-MW Robertstown, 336-MW Bungama, and 388-MW Yoorndoo Ilga Solar PV projects, 540 MW of batteries, a hydrogen production facility, and an aboriginal cultural heritage agreement. Total project cost AUD-2 billion.
Sep 6, 2023 // Storage, South Australia, AMP Energy
Octopus Energy Expands South Korea Solar Investments
Octopus Energy and Skygreen team up to power 45,000 homes with solar, advancing South Korea's green goals and cutting coal reliance.
Apr 14, 2025 // Plants, Large-Scale, Commercial, South Korea, Asia, Octopus Energy, Skygreen
First-of-its-kind BESS in sub-Saharan Africa commissioned in Malawi
A solar and also storage project totalling 20MW has entered commercial operation in Malawi, which the firms included state is the first grid-connected utility-scale co-located project to do so in sub-Saharan Africa.
Jun 1, 2022 // Plants, Large-Scale, Commercial, Storage, solar-plus-storage, SUB-SAHARAN AFRICA, colocation, Innovate UK, grid stabilising, renewables integration
Teraco to Expand African Data Centers with $680 Million Investment in Renewable Energy
company, raised 11.8 billion rand ($680 million) in debt funding led by South Africa-based lender Absa Group Ltd. Just under half of the loan will be used to build
Feb 1, 2023 // Technology, Markets & Finance News, Africa, Teraco, Samuel Erwin
STANLIB Powers Solar, EV Push in SA
Asset Management, a South African investment firm, has acquired a controlling stake in domestic solar installer Solareff Ltd and its electric vehicle (EV) charging
Aug 8, 2023 // Markets & Finance News, Africa, South Africa, STANLIB, Solareff
Cape Town to procure 300 MW of renewables from IPPs
aid the city rid itself of frequent load-shedding and lower its dependence on South African utility Eskom. "We have concerned approve load-shedding as a fact of life in
Feb 18, 2022 // Markets & Finance News, Cape Town, Geordin Hill-Lewis
France's Proparco Invests $10 Million in Sun King's Solar Kit Business in Africa
Proparco, a department of the French Development Agency (AFD) group, invested in a $10 million green bond that will certainly be lent to Sun King, an African solar kit seller. The Swiss influence capitalist Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have actually already been issued thanks to this platform.
Dec 8, 2022 // Markets & Finance News, solar lanterns, sun king, Proparco, Solar home systems, SHS, Solar in Africa, Solar Kit Business in Africa