africa

Financiers will each pump US$53 million into the deployment of two adjacent 40MW solar farms already being built by EPC contractor Grupotec.

Integrated solar power producer, Scatec Solar has raised its growth targets in its key markets, due to strong demand.

Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.

Roll-out of about 30,000 PV systems is possible if private players step in to help, says Energy minister of country with almost non-existent solar sector despite 55GW potential.

Newly-launched project at Bayero University Kano (BUK) will use solar (3.5MWp) and batteries (8.1MWh) to power universities and teaching hospitals.

Buyer now able to tap into three additional off-grid markets via new acquisition, unveiled five months after Mobisol’s preliminary insolvency filings.

BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.

The African countries of Botswana and Cameroon have taken steps to add a combined 125MW of installed PV capacity to their respective national grids.

Developer Sola Group partners with institutional duo to raise ZAR400m for PPA-backed pipeline, meant to bring down C&I costs by aggregating deals.

Firm marks commercial launch of PPA-backed 40MW Mocuba, developed alongside private equity backer and touted as country’s first large-scale PV plant.