Standard Bank and British International Investment (BII) have partnered with Scatec and H1 Holdings to reach financial close on the first sizable battery energy storage and photovoltaic (PV) solar project in South Africa – Africa’s largest and South Africa’s first baseload renewable energy project, uniquely powered entirely by renewable sources
Energy
Acumen launches investment initiative
Acumen has launched its new Pioneer Energy investment Initiative: Powering Livelihoods Using Solar (PEII+)
AMDA calls for minigrid support
The Africa Minigrid Association (AMDA) has called for more support from governments and donors to the minigrid sector in Africa which continues to face financial, policy and regulatory constraints
Solar Panda receives funding to expand SSA footprint
Solar Panda, which designs, manufactures and distributes pay-as-you-go solar home systems to low-income communities in Kenya has received US$8mn in funding from Oikocredit and Electrification Financing Initiative (EDFI ElectriFI)
FFI to explore green hydrogen potential in Djibouti
Fortescue Future Industries (FFI) has partnered with the Government of the Republic of Djibouti to conduct studies regarding the potential for green hydrogen production across the nation