The African Development Bank (AfDB) has approved financing for a 62MW PV plant in Togo, while Zambia began construction on a 100MW solar-plus-storage project.
Global renewables investor Actis has agreed to sell 100% of African independent power producer (IPP) BTE Renewables to French utility giant Engie and investment firm Meridiam for US$1 billion.
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.
CORRECTION: French power giant Engie and investment firm Meridiam have been awarded two solar PV projects totalling 60MW(AC) in Senegal with record low prices ranging between Euro cents 3.80-3.98/kWh.
