ERG Power Generation, subsidiary of ERG, has signed off on an agreement with VEI Green to acquire 100% of ForVei — a joint venture between VEI Green and Foresight.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured US$66.0 million in project financing in its second green project bond placement with Goldman Sachs Japan.
Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast, UK, which could have a final generation capacity in excess of 350MW.
Solarcentury and Hamburg-based renewables funder Capital Stage have announced a “major partnership” which will aid the former’s expansion into European markets and Mexico.
The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.
Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.
