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 ⚡”
Author Archives: FIN TEAM
🌍 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 🌍💰”
Morocco’s Renewable Energy Ambitions: Leading the Charge for a Sustainable Future🌞
Morocco has emerged as a leading figure in the renewable energy landscape, setting ambitious targets to position itself as a regional powerhouse for clean energy. The North African nation aims to achieve 52% renewable energy in its power mix by 2030, leveraging its abundant solar, wind, and hydro resources. This bold move is driven byContinueContinue reading “Morocco’s Renewable Energy Ambitions: Leading the Charge for a Sustainable Future🌞”
Masdar Plans 7.8 GW Renewable Energy Portfolio in Egypt: A Game-Changer for North Africa 🌞
Masdar, the UAE-based renewable energy giant, has announced ambitious plans to develop a 7.8 GW portfolio of renewable energy projects in Egypt. This monumental step is set to significantly boost Egypt’s renewable energy capabilities, making it one of the largest clean energy investments in the region. Through a series of agreements with local entities andContinueContinue reading “Masdar Plans 7.8 GW Renewable Energy Portfolio in Egypt: A Game-Changer for North Africa 🌞”
Epopee Gestion to Invest in French Agrivoltaics: A Sustainable Step Forward 🌱🔋
Epopee Gestion, through its maiden infrastructure fund Epopee Infra Climat I, has committed to invest EUR 30 million in a French agrivoltaics platform, further expanding its footprint in sustainable infrastructure. This is the third investment by the fund, showcasing its dedication to supporting renewable energy and integrated environmental projects. The new venture involves a partnershipContinueContinue reading “Epopee Gestion to Invest in French Agrivoltaics: A Sustainable Step Forward 🌱🔋”
Sosteneo Refinances 100 MW UK Battery Storage Project: Key Steps in Securing a Sustainable Energy Future 🔋
Sosteneo Infrastructure Partners, a Generali-backed investment firm, has successfully refinanced its 100 MW battery storage project at Richborough Energy Park in Kent, UK. Partnering with NatWest, Siemens Financial Services (SFS), and Close Brothers, Sosteneo aims to secure the long-term financial viability of the Richborough BESS, one of the UK’s flagship projects in renewable energy storage.ContinueContinue reading “Sosteneo Refinances 100 MW UK Battery Storage Project: Key Steps in Securing a Sustainable Energy Future 🔋”