Harnessing Morocco’s Offshore Wind Potential: A Financial Modeling Perspective 🌬️🌍

Suitability Map for offshore wind farms in Morocco. Overview: A Windfall Opportunity 📈 Morocco’s extensive Atlantic coastline, stretching over 3,500 km, offers a remarkable opportunity for offshore wind energy development. With an estimated potential of up to 250 GW, this resource surpasses the country’s onshore wind capacity by a factor of ten. Strategically located nearContinueContinue reading “Harnessing Morocco’s Offshore Wind Potential: A Financial Modeling Perspective 🌬️🌍”

KGAL Merges SunErgy and EWIA to Build Pan-African Solar Platform ☀️

Africa compared to the rest of the world in global horizontal irradiation Earlier this month, German asset manager KGAL merged its portfolio company SunErgy with EWIA Green Investments, creating a powerful pan-African player in the renewable energy sector. The move consolidates mini-grid and solar-as-a-service models to tackle Africa’s electrification gap while offering new opportunities forContinueContinue reading “KGAL Merges SunErgy and EWIA to Build Pan-African Solar Platform ☀️”

Natura Energy Seeks USD 24.2 Million to Finance Solar Projects in Namibia and South Africa ☀️

Natura Energy, a Namibia-based renewable energy developer, is currently seeking USD 24.2 million in a mix of debt and equity to finance two utility-scale solar projects across Namibia and South Africa. Project Breakdown 📍 Namibia (Erongo Region): USD 22 million required to develop a 40 MW solar PV project. South Africa (Nelson Mandela Bay): USDContinueContinue reading “Natura Energy Seeks USD 24.2 Million to Finance Solar Projects in Namibia and South Africa ☀️”

Reactivating a Transcontinental Dream: The Gibraltar Tunnel Connecting Africa and Europe

After decades of delays, the long-envisioned tunnel connecting Spain and Morocco under the Strait of Gibraltar is once again gaining traction. If completed, this ambitious infrastructure project will not only set engineering records but also become a transformative link between two continents. Project Overview: A Tunnel of Global Scale Planned to stretch 60 kilometers, includingContinueContinue reading “Reactivating a Transcontinental Dream: The Gibraltar Tunnel Connecting Africa and Europe”

Turning Trade Tensions into Renewable Opportunities: How Africa Can Leverage U.S. Tariffs for Clean Energy Growth

Wind turbine foundation construction in South Africa The United States implemented a sweeping 10% baseline tariff on all imports, alongside heightened “reciprocal” tariffs—ranging from 11% to 50%—targeted at specific countries. While these measures are designed to rebalance global trade, they have triggered economic uncertainty and supply chain disruptions worldwide. But within these challenges lies aContinueContinue reading “Turning Trade Tensions into Renewable Opportunities: How Africa Can Leverage U.S. Tariffs for Clean Energy Growth”

Evolution III Fund Secures EUR 221 Million to Accelerate Africa’s Energy Transition 🌍

Inspired Evolution successfully held the final close of its Evolution III Fund, raising USD 238 million (EUR 220.5 million) in total commitments. The Pan-African private equity firm focuses on clean energy infrastructure, energy access, and energy transition investments across the continent. Strong Institutional Backing Across Three Closes 💼 First Close (March 2023): USD 199.4 millionContinueContinue reading “Evolution III Fund Secures EUR 221 Million to Accelerate Africa’s Energy Transition 🌍”

Ivory Coast Advances Solar Ambitions with AMEA Power’s 50 MW Project ☀️

Project area (Bondoukou) circled in red Earlier this month, AMEA Power officially broke ground on a 50 MW solar PV project in Bondoukou, located in the Gontougo region of northeastern Ivory Coast. The project is financed by Dutch development bank FMO and DEG, a subsidiary of KfW Group, and marks a key milestone in theContinueContinue reading “Ivory Coast Advances Solar Ambitions with AMEA Power’s 50 MW Project ☀️”

Scatec Planning EUR 87 Million Financing for 120 MW Tunisian Solar Project

Sunrise in Tataouine, Tataouine Governorate, Tunisia Scatec, a leading renewable energy developer from Norway, is preparing to finance its new 120 MW Sidi Bouzid II solar project in Tunisia, with an estimated EUR 87 million in capital expenditure. The project follows the signing of a 25-year power purchase agreement (PPA) with Tunisian state utility STEGContinueContinue reading “Scatec Planning EUR 87 Million Financing for 120 MW Tunisian Solar Project”

Time is now for wind power to contribute to Tunisia’s energy transition! 🌬️

Ruins of ancient colosseum, El Jem, Tunisia Yesterday, the Tunisian Ministry of Industry, Mines, and Energy successfully opened bids for wind projects under the country’s 1,700 MW large-scale renewable energy programme — marking a major step forward in Tunisia’s clean energy journey. This milestone confirms the nation’s strategic commitment to diversify its energy mix, attractContinueContinue reading “Time is now for wind power to contribute to Tunisia’s energy transition! 🌬️”

PowerChina Plans Major Renewable Energy Push in Egypt

Earlier this month, Power Construction Corporation of China (PowerChina) signaled its interest in expanding renewable energy investments in Egypt, according to industry sources. The state-owned enterprise is actively exploring solar, wind, water desalination, and green hydrogen opportunities in the North African country. Key Investment Areas ⚡ Large-Scale Wind Projects: PowerChina is in discussions with EgyptianContinueContinue reading “PowerChina Plans Major Renewable Energy Push in Egypt”