Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).
UPDATED: Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has shortlisted local firm Acwa Power and a consortium led by Japanese conglomerate Marubeni Corporation to develop 300MW of solar PV in Sakaka, Al Jouf.
Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.
Canadian Solar and renewable energy company EDF Energies Nouvelles have commissioned the 191.5MW Pirapora I and the 92.5MW Pirapora III solar energy projects in Brazil — with the two projects boasting a combined generation capacity of 284MW. Both sites were commissioned in November 2017.
The Moroccan Agency for Solar Energy (MASEN) has shortlisted five consortia to take part in the bidding for the first phase of the Noor Midelt solar power complex, which includes hybrid solar PV and concentrated solar power (CSP) plants.
EDF ENR, a subsidiary of the EDF Group, has launched a collective self-consumption product targeting joint-ownership associations, housing associations and vertical housing, that wish to produce their own electricity.