Africa

Scatec and the EBRD have signed a share purchase agreement establishing a renewable energy investment platform for Egypt.

The EBRD has announced a US$265 million loan for a new 1.2GW solar PV plant, to be co-located with a 600MWh BESS, in Minya, Egypt.

Pan-African renewables developer Axian Energy has signed a power purchase agreement (PPA) with energy aggregator and trader Africa GreenCo in Zambia.

GameChange commissioned trackers at a 283MWp South Africa project, while Gonvarri secured a 389MWp Chile contract.

African renewables financier CrossBoundary Energy has begun commercial operations at a 233MW/526MWh solar-plus-storage project in the Democratic Republic of the Congo (DRC).

Mainstream Renewable Power’s 50MW C&I Ilikwa PV Facility in South Africa’s Free State province has reached commercial operation.

Scatec has started commercial operations at the second and final phase of its gigawatt-scale Obelisk solar-plus-storage project in Egypt.

Envusa Energy has reached financial close on a 63MWac solar PV project at Kumba Iron Ore’s Sishen Mine in South Africa.

The Zambian government has signed five contractor groups to build 312MW of solar capacity, with a 2MW solar plant in each constituency.

NERSA approved licences for four REIPPPP Bid Window 7.3 solar projects, clearing over 1GW of new capacity in South Africa.