News Africa

Parent Creadev, existing backer Proparco and the EBRD to fund €283m of total capital increase, launched by firm to push PV, wind portfolio from current 1GW.

PV installation touted as one of sub-Saharan Africa’s largest to be commissioned this week, with Astronergy modules, Soltec trackers and Gamesa inverters.

Reatile Group has already invested in three projects being built by juwi in South Africa under the REIPPP.

EIB to back developer's 150MW pipeline across Africa, Swedish energy group eyes €500m raise, IRENA scheme seeks to standardise.

Funding of US$47 million will back the installation of stoves and others for over a million people in Kenya’s remote, electricity-deprived communities.

Results-Based Financing (RBF) mechanism for donors the key to providing rural clean energy access in Africa.

Greek firm is also working on hybrid projects in Tunisia and Nigeria.

Firm breaks ground on 148MW plant in former Soviet state, links second 65MW bifacial unit at Benban complex and signs deal for 33MW farm by river Niger.

Pre-selected names including Scatec Solar and Masdar have three months to finalise bids for world’s reported first saltwater floating PV scheme.

Projects were originally to be joint ventures with the government.

Renewable agency MASEN picks consortium for ~US$2.3bn project combining PV, storage and CSP in bid to benefit from ‘spectacular’ PV cost declines.

Monkey Bay Solar project will feature HDPE-based ‘islands’ anchored via underwater cabling some 250 metres off Lake Malawi’s shores, firm tells PV Tech

Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.

Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.

Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.