Africa

March 10, 2023
Renewable energy investor Copenhagen Infrastructure Partners (CIP) has acquired the majority share in Mulilo Energy Holdings, a South African independent power producer (IPP),
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March 7, 2023
In January the South African government released an amendment to its energy action plan that lowered the local content requirements of solar modules deployed on government-backed schemes from 100% to 30%. The move was unsurprising to many, and may speak to the overwhelming rise of private projects in the country’s PV sector.
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March 2, 2023
Husk Power CEO explains how a portfolio of 200 solar mini-grids in India, Tanzania and Nigeria are now investible, unlocking the door to scaling in a sector that is key to national electrification programmes in emerging economies.
February 24, 2023
French financier Rgreen Invest and Echosys Advisory-backed investment advisor Echosys Invest have closed a new fund to finance solar power production across Africa.
February 23, 2023
Project manager Evtec Energy has signed a partnership agreement with financial technology group MICT to build a 110MW solar PV plant in Nigeria.
February 21, 2023
Energy major TotalEnergies has signed two power purchase agreements (PPA) with fellow French industrial gases company Air Liquide for 260MW of solar PV and wind power. The power offtaken will supply the Secunda oxygen production site in South Africa.
February 16, 2023
Cloud-based software company Salesforce has committed to purchasing 280,000MWh of renewable energy certificates in emerging markets.
February 10, 2023
Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.
February 3, 2023
Independent power producer (IPP) Scatec refinanced US$100 million of its US$193 million bridge-to-bond facility with a new term loan due in Q4 2027.
February 3, 2023
Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.

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