InfraCo Africa, the African development arm of the Private Infrastructure Development Group (PIDG), has announced a US$43mn anchor investment into Climate, Energy Access and Resilience (CLEAR), a climate-focused fund advised by Helios Investment Partners (Helios)
Renewables
Masdar partners with TANESCO to develop renewable energy projects in Tanzania
Masdar, a leading renewable energy company, has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) for the development of renewable energy projects with a total capacity of up to 2GW
MCA delivers solar plants in Angola
MCA has constructed two photovoltaic parks in Biópio and Baía Farta, in Benguela province, Angola, with an installed capacity of 285MW
AMEA Power ready to deliver solar power plant in Morocco
AMEA Power, a leading renewable energy company, and partner GPM Holding have started construction of a 34MW solar power plant in Morocco
Just Energy Transition Yields Investment Opportunity in RSA Renewables
In 2021, the Just Energy Transition Partnership was formed between South Africa, the UK, EU, France, Germany and the US at COP26, which saw member nations pledge contributions of US$8.5bn to be deployed over the next three to five years for the transition from fossil-based energy to renewable energy and help South Africa in its decarbonisation efforts