Africa

The World Bank has approved funding for a US$497 million renewable energy project in South Africa that will see 150MW of solar and 70MW of wind capacity installed in place of the coal-fired Komati power plant.

Independent power producer (IPP) Scatec targets to invest NOK10 billion (US$946 million) of equity for new renewable power plants through 2027.

South African public utility Eskom has signed lease agreements with four independent power producers for the production of renewable energy.

Voltalia has signed a corporate power purchase agreement with mining company Richard Bay Minerals, subsidiary of Rio Tinto, in South Africa.

Anglo American and EDF Renewables have partnered to form a new jointly owned company, Envusa Energy, to develop renewables projects in South Africa.

Energy major Shell will acquire Daystar Power, an Africa-based commercial and industrial (C&I) solar provider.

Renewables company Voltalia expects to achieve 2.6GW of renewables in operation or under construction in 2022, a year ahead of schedule.

GoodWe's ES G2 power inverter can provide energy autonomy for homeowners amid load shedding and rising electricity costs.

A new partnership between CrossBoundary Energy Access and Engie Energy Access plans to build a US$60 million portfolio of mini-grids that are expected to connect more than 150,000 people to electricity in Nigeria.

A subsidiary of solar EPC Sterling and Wilson has signed a memorandum of understanding with the government of Nigeria to develop and construct a portfolio of PV and battery energy storage system (BESS) projects in the country.