africa

EIB to back developer's 150MW pipeline across Africa, Swedish energy group eyes €500m raise, IRENA scheme seeks to standardise.

Funding of US$47 million will back the installation of stoves and others for over a million people in Kenya’s remote, electricity-deprived communities.

Results-Based Financing (RBF) mechanism for donors the key to providing rural clean energy access in Africa.

Greek firm is also working on hybrid projects in Tunisia and Nigeria.

African power sector company Globeleq has reached financial close on the 40MW Malindi Solar PV project in Malindi, Kenya and is commencing construction of the plant.

Marubeni Corporation has signed off on an agreement to acquire a stake in Azuri Technologies, entering into the solar home systems sector for off-grid areas in Africa. As a result of this deal, Marubeni’s investment will make the company the largest shareholder of Azuri.

Firm bags €154.3m as it floats renewable fund in London, inverter maker in deal with Solar-Log, US player acquires juwi's 60MW Colorado scheme.

Pre-selected names including Scatec Solar and Masdar have three months to finalise bids for world’s reported first saltwater floating PV scheme.

Projects were originally to be joint ventures with the government.

Renewable agency MASEN picks consortium for ~US$2.3bn project combining PV, storage and CSP in bid to benefit from ‘spectacular’ PV cost declines.