africa

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.

Warsaw unveils PLN1bn scheme to co-fund home PV, World Bank supports roll-out in Sahel state, Pacific kingdom breaks ground on off-grid solar.

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.

Matshela Koko says last year’s probe in South Africa has pushed him to ‘greater heights’ after securing Zimbabwe’s go-ahead to 100MW/240MWh plant.

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.

US player MCX to invest US$100 million to deploy 30-50MW installation at Mwale Medical and Technology City, with plans to break ground in November.

PV hybrid costs of US$0.20/kWh by 2030 would help install enough mini-grids to power half a billion people and close energy access gaps, says new report.