MIGA has issued guarantees of US$24mn to JCM Golomoti UK Limited for equity and shareholder loan investments into Golomoti JCM Solar Corporation Limited for the development, construction and operation of a new 20MW solar photovoltaic plant in Malawi
Renewables
A serious resource being overlooked
Gamuchirai Mutezo, COO and founder, Madam Waste, expressed to African Review how biogas could seriously contribute to meeting Africa’s energy needs but, so far, is not getting the attention it deserves
Scatec ASA set to start three solar projects in Kenhardt
Scatec ASA, a renewable energy solutions provider, is starting construction of the three Kenhardt projects in the Northern Cape Province of South Africa under the risk mitigation independent power producer procurement programme (RMIPPPP) after reaching financial close
Standard Bank and BII reach financial close on Africa’s largest renewable energy project
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
Acumen launches investment initiative
Acumen has launched its new Pioneer Energy investment Initiative: Powering Livelihoods Using Solar (PEII+)