Investors Harith General Partners and African power provider Anergi Group have partnered to establish the Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy deployment across Africa and close the continent’s investment gap.
Solar PV will lead new capacity additions in Africa, reaching a total installed capacity of 125GW by 2030, according to a report from the International Energy Agency (IEA).
British energy company Savannah Energy has signed an agreement with the government of Chad for the development of up to 500MW of utility-scale renewables.
Off-grid solar specialist Sun King has raised US$260 million in a Series D funding round aimed to expand global access to affordable solar energy across Africa and Asia.
The sixth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) has opened for interested parties.