Parent Creadev, existing backer Proparco and the EBRD to fund €283m of total capital increase, launched by firm to push PV, wind portfolio from current 1GW.
Proventus providing €80 million credit facility to Better Energy, ADFD approves US$10M for rural electrification project in Burkina Faso, SolarHome raises US$ 1 million from Trirec.
French energy giant teams up with a Myanmar-focused off-grid energy specialist to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage.
Myanmar-based off-grid PV company SolarHome has raised US$10 million in debt funding from a group of international investors, including Crowdcredit from Japan and Trine from Sweden, in order to expand across Myanmar.
SolarHome, an off-grid solar firm focused on Southeast Asia, has raised US$5 million to date, having recently closed a US$1 million convertible note offering with impact venture capital firm Insitor Impact Asia Fund.
French renewable energy company Voltalia is to install renewable energy systems at 171 telecom towers in the Bago and Ayeyarwaddy regions of Myanmar for MNTI, the local owner of a network of such towers.
