africa

Scatec, the EIB, the EBRD and the AfDB have signed a US$650 million investment agreement for the Dandara solar-plus-storage project in Egypt.

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.

Nava Limited commissioned a 100MW solar PV project in Zambia through MSEL, with power evacuation to the national grid underway.

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).

PV deployment in Africa is booming, but not showing up in official statistics, new analysis by Ember and African Tech Futures Lab reveals

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.