In a groundbreaking initiative, GuarantCo and British International Investment (BII) are stepping up to drive South Africa’s green energy transformation. Together, they will provide USD 100 million in default guarantee financing to Etana Energy, a critical player in the country’s renewable energy landscape. This partnership is set to unlock an estimated USD 500 million inContinueContinue reading “🌍 GuarantCo and BII Empower South Africa’s Renewable Energy Transition ⚡”
Author Archives: FIN TEAM
🌞 CIP’s Mulilo Ushers in a New Era for South African Solar Energy 🌍
In a significant boost to South Africa’s renewable energy landscape, Copenhagen Infrastructure Partners (CIP), through its independent power producer Mulilo Energy, has achieved financial close on the 75 MWac Ukuqala Solar Project in the Northern Cape. This milestone underscores the country’s commitment to sustainable energy and showcases how strategic partnerships can accelerate progress. ⚡ ###ContinueContinue reading “🌞 CIP’s Mulilo Ushers in a New Era for South African Solar Energy 🌍”
🌍 Variable Renewable Energy (VRE) in Morocco: The Path to Sustainability and Financial Modelling Insights ⚡
Chefchaouen city in Rif region of Morocco Morocco has emerged as a leader in Africa’s renewable energy landscape, thanks to its ambitious plans to harness Variable Renewable Energy (VRE) sources like solar and wind. The country aims to achieve 52% of its electricity from renewables by 2030, positioning itself as a pioneer in sustainable energy.ContinueContinue reading “🌍 Variable Renewable Energy (VRE) in Morocco: The Path to Sustainability and Financial Modelling Insights ⚡”
🌍 The Democratic Republic of Congo’s Renewable Energy Journey: A Financial Perspective ⚡
Inga Falls dam @Encyclopedia Britannica The Democratic Republic of Congo (RDC) is at a critical juncture in its renewable energy journey, setting ambitious targets to leverage its vast natural resources for a sustainable energy future. However, reaching these targets is not without challenges, especially when considering the financial complexities involved. The key to RDC’s successContinueContinue reading “🌍 The Democratic Republic of Congo’s Renewable Energy Journey: A Financial Perspective ⚡”
🌍 Africa’s Energy Transition: Unique Challenges and Opportunities ⚡
Future energy generation additions under the most ambitious climate change mitigation scenarioin van der Zwaan, et al., (2018) When it comes to decarbonising electricity grids, Africa faces challenges that are fundamentally different from those of wealthier economies. Unlike mature energy infrastructures in advanced nations, most African countries are starting from a very low base andContinueContinue reading “🌍 Africa’s Energy Transition: Unique Challenges and Opportunities ⚡”
🌍 Mozambique is Calling for Investment in Critical Energy Infrastructure ⚡
The Government of Mozambique is seeking investors to finance and develop the 220kV Metoro–Montepuez–Marrupa transmission line project, estimated at USD 80.16 million. This project aims to enhance energy supply in northern Mozambique, particularly in the Montepuez and Balama districts and the northern areas of Cabo Delgado Province. It will play a crucial role in supportingContinueContinue reading “🌍 Mozambique is Calling for Investment in Critical Energy Infrastructure ⚡”
South African IPP Finances 100MW Solar Plant ☀️
Pele Green Energy (PGE), a South African Independent Power Producer (IPP), has achieved financial close for the 100 MW Sonvanger solar PV plant in the Free State province. This marks a significant milestone in South Africa’s renewable energy journey, reinforcing the country’s commitment to enhancing clean energy supply amidst its ongoing energy challenges. ### ProjectContinueContinue reading “South African IPP Finances 100MW Solar Plant ☀️”
Polish Company Hynfra to Invest $1.6bn in Egyptian Green Ammonia Portfolio 🌱💰
Polish hydrogen technologies engineering firm Hynfra is setting its sights on Egypt as it plans to invest at least $1.6 billion in the development of a green ammonia portfolio in the region. The ambitious project aims to capitalize on Egypt’s abundant renewable energy resources, turning the nation into a significant player in the green hydrogenContinueContinue reading “Polish Company Hynfra to Invest $1.6bn in Egyptian Green Ammonia Portfolio 🌱💰”
Floating Solar: A New Wave of Renewable Energy in Africa 🌊☀️
Africa is embracing innovative renewable energy solutions, with floating solar technology emerging as a key player. This approach involves installing photovoltaic panels on water bodies, optimizing space and enhancing energy efficiency. Ghana’s Pioneering Effort Ghana has taken a significant step by constructing a 5 MW floating solar PV plant on the Bui Reservoir, marking theContinueContinue reading “Floating Solar: A New Wave of Renewable Energy in Africa 🌊☀️”
Closing on COP29: How Your Project Can Capture COP29 Funding, the Key Role of Financial Modelling 🌍💰
African nations have taken center stage at COP29, shaping global climate policy discussions with a strong emphasis on climate finance and equitable adaptation. As Africa faces some of the most severe climate impacts—despite contributing minimally to global greenhouse gas emissions—its representatives are focusing on ensuring fair access to the climate funds needed for sustainable development,ContinueContinue reading “Closing on COP29: How Your Project Can Capture COP29 Funding, the Key Role of Financial Modelling 🌍💰”