Shell Energy Europe has signed a 15-year power purchase agreement (PPA) with German insurance company Signal Iduna's subsidiary Hansainvest Real Assets to secure 600MW of capacity from a solar project.
Clean energy investment across Africa has to double the current US$90 billion target by 2030 and reach nearly US$25 billion per year, according to a report by the International Energy Agency (IEA) and the African Development Bank Group (AfDB).
French utility EDF Renewables has signed a power purchase agreement (PPA) with South African state-operated utility Eskom for a hybrid project to be built in South Africa.
Indian independent power producer (IPP) Ayana Renewable Power has signed a power purchase agreement (PPA) with metallurgical company Hindalco to supply 100MW of round-the-clock (RTC) renewables.