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Renewables

IFC and EDM target to develop four solar PV and battery storage facilities across Mozambique with an expected total energy production of 50MW. (Image source: Adobe Stock)

To increase access to renewable energy and expand power delivered to the grid in Mozambique, IFC and Electricidade de Moçambique (EDM), have signed a collaboration agreement to develop small-scale solar Photovoltaic (PV) Plants and battery storage facilities

Africa is home to 60% of the best solar resources worldwide. (Image source: Adobe Stock)

The International Energy Agency (IEA), in its newly released Africa Energy Outlook 2022, has stated that crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy

Golomoti Solar’s state-of-the-art lithium-ion BESS will reduce Malawi’s reliance on diesel generation. (Image source: Adobe Stock)

Lazarus McCarthy Chakwera, President of the Republic of Malawi, has presided over an official inauguration ceremony to mark the addition of 20MWac of additional clean energy to Malawi’s national grid

The acquisition increases BTE Renewables’ operating project portfolio to 473MW. (Image source: BTE Renewables)

Sonnedix, a global solar independent power producer (IPP), has completed the ownership transfer of its South African operation to the Pan-African wind and solar IPP BTE Renewables

The 30MW portfolio of facilities, which reached financial close in May 2022, are expected to reach commercial operation in March and April 2023. (Image source: Adobe Stock)

African Infrastructure Investment Managers (AIIM), one of Africa’s largest private equity fund managers and a member of Old Mutual Alternative Investments (OMAI), has acquired – through its IDEAS Managed Fund (IDEAS) – majority stakes in three new solar power plants in South Africa

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