africa

French energy company Total has acquired interest in two solar companies, Off Grid Electric and Powerhive, via its venture capital fund Total Energy Ventures (TEV), which invests in start-ups.

UK off-grid solar firm BBOXX and Dutch social investor Oikocredit have closed the first ever securitisation of African off-grid solar arrays.

Investment firm CrossBoundary Energy announced the first close of CrossBoundary Energy Fund I — Africa’s first dedicated fund for commercial and industrial solar.

The UK branch of Swiss PV manufacturer Luxra claims to have lined up a 300MW PV pipeline in Nigeria.

Developer Access Infra Africa and asset management firm Quaint Global Energy Solutions are to co-invest in a 50MW PV project in Nigeria.