World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.
Harare adopts solar duty waivers as Chinese firm shares upstream plans, UK-backed scheme targets 60 mini-grid systems, Sinohydro to deploy 20MW plant by Lagdo dam.
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.