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Renewables

South Africa an attractive region for solar and wind development together. (Image source: Adobe Stock)

Magnora has acquired 92% of the renewable project development company African Green Ventures (AGV), with an aim to increase its focus in the South African solar and wind market 

This project marks a landmark project finance investment in South Africa in enhancing clean energy generation. (Image source: Adobe Stock)

South African Redstone concentrated solar power (CSP) project has achieved its first debt drawdown on the largest renewable energy investment in South Africa

EAIF is now established as a lender of choice for renewable energy companies investing in Africa. (Image source: Adobe Stock)

The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector

The project will support Ghana CARES programme, which identifies the energy sector as an enabler of economic transformation. (Image Source: Adobe Stock)

The Board of Directors of the African Development Fund have approved a US$27.39mn grant to Ghana for the development of renewable energy investments in the mini grid and net metering space

The power plant is delivering enough clean and renewable power to supply approximately 250,000 residential customers. (Image Source: Adobe Stock)

Globeleq, a leading independent power company in Africa, and its project partner, Africa Energy Development Corporation (AEDC), has indicated that its 52MWp Malindi Solar photovoltaic (PV) plant has been exporting 40 MWac of power into the national grid since 14 December 2021

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