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.
Independent power producer (IPP) Scatec has posted strong results in the first quarter of the year driven by strong operational and financial performance.
A solar-plus-storage project is being planned for the capital of South Africa, as the city looks to move “away from Eskom reliance and towards a load-shedding-free Cape Town”, its Mayor said.
Renewable energy investor Copenhagen Infrastructure Partners (CIP) has acquired the majority share in Mulilo Energy Holdings, a South African independent power producer (IPP),
In January the South African government released an amendment to its energy action plan that lowered the local content requirements of solar modules deployed on government-backed schemes from 100% to 30%. The move was unsurprising to many, and may speak to the overwhelming rise of private projects in the country’s PV sector.
Energy major TotalEnergies has signed two power purchase agreements (PPA) with fellow French industrial gases company Air Liquide for 260MW of solar PV and wind power. The power offtaken will supply the Secunda oxygen production site in South Africa.
Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.
