south africa

Developer Sola Group partners with institutional duo to raise ZAR400m for PPA-backed pipeline, meant to bring down C&I costs by aggregating deals.

Matshela Koko says last year’s probe in South Africa has pushed him to ‘greater heights’ after securing Zimbabwe’s go-ahead to 100MW/240MWh plant.

Reatile Group has already invested in three projects being built by juwi in South Africa under the REIPPP.

Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.

Nedbank Limited has become the first private sector institution in South Africa to issue a Climate Bonds Certified Renewable Energy Bond.

The New Development Bank (NDB) and South African utility Eskom have signed off on a loan agreement for renewable energy Integration and a transmission augmentation project. As part of the deal, the NDB will provide a loan with sovereign guarantee to Eskom for a total of US$180 million.

Developer hired by Orion Minerals to examine the viability of building 35MW hybrid plant to power neighbouring zinc-copper site in country’s semi-arid northwest.

New Southern Energy has completed the first floating PV project located in South Africa, with the installation operating at a dam next to a fruit farm just outside of Franschhoek in the country’s Western Cape province.

IPP support in Nigeria and small-scale PV in South Africa among schemes awarded funds as institution approves broader US$440 million allocation.

Renegotiating renewable tariffs agreed in the early 2010s to help technically insolvent state utility Eskom could “dent investor confidence”, says SAPVIA.