africa solar

Madagascar has launched invitations to tender for two solar PV project with a combined capacity of 210MW.

Saudi energy provider ACWA Power has secured a US$123 million financing package to develop a 200MW solar PV project in Egypt.

The Sheikh Mohammed Bin Zayed solar power plant will also include a battery energy storage system to meet the demand at night.

African power company Ncondezi Energy has launched a feasibility study for a hybrid solar-storage project earmarked for Mozambique.

Investors Harith General Partners and African power provider Anergi Group have partnered to establish the Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy deployment across Africa and close the continent’s investment gap.

Solar PV will lead new capacity additions in Africa, reaching a total installed capacity of 125GW by 2030, according to a report from the International Energy Agency (IEA).

Global energy giant EDF has bought a 23% stake in off-grid solar company Bboxx’s Kenyan business.

West African off-grid solar electricity supplier raises US$38 million to expand its operations in in Nigeria, Ghana, Côte d’Ivoire, Senegal and Togo.