Solar system provider Sun King closes US$260m funding round to accelerate rural electrification

AFRICA – Sun King, a solar home systems provider, has closed a US$260 million funding round to expand its operations in Asia and Africa. The funding raised from several investors will help accelerate rural electrification in Asia and sub-Saharan Africa. This is one of the largest deals in the solar home systems segment in the world, and in Africa in…

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IPP Total Eren has been chosen to design, finance and build solar power plant in Mozambique

MOZAMBIQUE – Independent power producer (IPP) Total Eren, the subsidiary of the French oil group TotalEnergies has been chosen by the Mozambican authorities to design, finance and build a solar power plant in the Dondo district of Mozambique. Mozambique’s Energy Regulatory Authority (ARENE) has finally chosen Total Eren to implement the project as a public-private partnership (PPP). The subsidiary of…

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Renewable energy provider Solarcentury Africa closes funding for solar photovoltaic plant

MOZAMBIQUE – The London, UK-based renewable energy provider Solarcentury Africa has closed the financing of a solar photovoltaic plant at the Balama graphite mine in Mozambique. The plant will be combined with a battery power storage system to power Syrah Resources’ facilities. The undisclosed amount of funding is being provided by CrossBoundary Energy (CBE); a financial partner now well known…

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Government of South Africa launches tender for acquisition of solar and wind power

SOUTH AFRICA – The South African government is launching a new tender for the acquisition of 2,600 MW of solar and wind power. The call for expressions of interest is part of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The sixth phase of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is launched. South Africa’s Department of…

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AMEA Power agrees with SNEL for 100 MWp solar project in DRC

DRC – The United Arabs Emirates (UAE) has announced interest in investing in the Democratic Republic of Congo (DRC)’s solar energy sector. The countries, through two companies, entered into a Memorandum of Understanding (MoU) to pave way for the production of 30 megawatts in DRC. The MoU was signed between DRC’s state electricity company Société Nationale d’Électricité (SNEL) and AMEA…

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GreenYellow, CEB to construct 13MW solar power in Mauritius

MAURITIUS – GreenYellow Indian Ocean, the subsidiary of the French company GreenYellow, has signed an agreement with the Central Electricity Board (CEB), the entity that manages electricity in Mauritius. The agreement covers the construction of a 13.86 MW solar photovoltaic power plant in Arsenal. The solar park will be built in Arsenal, a town in the north of the island.…

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iSAT Africa to power communication towers with off-grid solar

AFRICA – iSAT Africa, an integrated communications services provider serving Africa and the Middle East, is set to power its communication infrastructure with off-grid solar power. The company has entered into a US$1.57m contract with Clear Blue Technologies International Inc. for the provision of smart solar off-grid power. The MoU calls for Clear Blue to provide a minimum of 300…

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EAIF provides US$35m loan to 40MW Kesses solar generation facility

KENYA – The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG) has provided a US$35 million loan over a 15-year term to the 40MW Kesses solar generation facility to be built near Eldoret in the Rift Valley region of Kenya. The first part of the loan was disbursed to Alten Kenya Solarfarms BV…

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Bamburi Cement to deploy solar power systems to cut cost on electricity

KENYA – Bamburi Cement, an industrial company specialising in cement and concrete, has announced plans to source a portion of its power supply from solar plants in a bid to cut costs and reduce the impact of electricity outages in the main grid. The company said it has signed a power purchase agreement with MOMNAI Energy Limited to set up…

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Crowdinvesting platform ecoligo gets US$5.6m from Oikocredit to power 15 SMEs in Ghana and Kenya with solar

KENYA – Social impact investor Oikocredit is providing a loan of €5 million (US$5.6 million) to ecoligo, a provider of “solar-as-a-service” solutions for commercial and industrial businesses in emerging markets. The funds will enable ecoligo to provide clean energy to around 15 companies and organizations in Ghana and Kenya, with additional benefits of companies achieving significant cost savings. With this Oikocredit’s investment,…

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